Friday, December 07, 2007

Tech executives see 2008 M&A keeping current pace

December 6 - Reuters - Executives from technology companies including Microsoft Corp and Cisco Systems Inc said on Thursday they will continue to be active deal makers in 2008, snapping up innovative start- ups around the globe.

The success of recent deals and a market bursting with start-up companies has convinced these top corporations to continue shopping for deals, these executives said, speaking at the AlwaysOn Venture Summit West conference here.

"The key to will you do more deals in the future is, have the deals we've done in the past been successful?" said Bruce Jaffe, corporate vice president for corporate development at Microsoft. Read More.

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