Friday, June 20, 2008

Wall Street Beat: Small M&A Deals Flourish

June 19 - PC World - While the overall value of mergers and acquisitions in the tech sector will likely decline this year, this week illustrates how strategic, and sometimes smaller, deals are still important for the sector, as BMC, SAP, Fortinet and Microsoft announced deals.

This year has seen its share of big deals as well. Some of the bigger and more interesting deals include: Hewlett-Packard buying computer services firm EDS for US$13.9 billion, Sprint and Clearwire forming a joint venture worth $14.5 billion, Verizon Wireless' $28 billion acquisition of Alltel and CBS' $1.8 billion buy of online media company CNET Networks. Read More.

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