Wednesday, October 24, 2007

Merger Fever Heating Back Up

What credit crunch? Oracle's bid for BEA underscores a banner year for technology M&A

October 23 - eWeek.com - Oracle's takeover bid for BEA Systems—successful or not—is just the latest example of what is shaping up as a historic stretch of mergers and acquisitions in the technology industry.

Despite a recent slowdown in the credit markets that left private equity firms on the sidelines during the third quarter, M&A analysts still expect 2007 to be a banner year.

"We're very positive on the market right now," said Ward Carter, president of M&A advisory firm Corum Group, of Bellevue, Wash. "There was a slight disruption [in the third quarter] because of the credit meltdown, but Q4 will catch up. There's a lot of pent up demand." Read More.

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