Cingular bought AT&T Wireless [$41 bil]
KMart bought Sears [$11 bil]
Oracle bought Peoplesoft [$10.3 bil]
Symantec is buying Veritas [$13.5 bil]
J&J is buying Guidant [$25.4 bil]
Sprint and Nextel are merging.
So many acquisitions, hostile takeovers and mergers. Slow it down fellows, I don't even have enough time to read the news about the earlier ones and here are companies recklessly announcing more mergers. Its in the season I think. Like critters drawn towards each other in the mating season, companies suddenly fall in love and become one .. so to speak. Of course, sometimes there are cases of hostile takeovers which if anything, make for interesting reads. Then there are the child marriages, and arranged marriages. Who says real life doesnt reflect real life?
Tata bought VSNL
Posted by: SafedKauwaa at December 16, 2004 02:46 PM..looong back
Posted by: anya at December 16, 2004 03:02 PMHow long ago ?
Posted by: safedkauwaa at December 16, 2004 03:07 PMmaybe 4 yrs back ...
Posted by: anya at December 16, 2004 05:23 PMlol! I bought some milk too, chowwwiee couldn't resist :D
Posted by: reshma at December 16, 2004 10:01 PMMost surprising for me is the Symantec takeover, appearently not related to Veritas's business but it will be now.
Posted by: ajitomatix at December 17, 2004 01:16 PMSymantec had made noises about entering the data storage/warehousing business earlier ... more so that until now they were mainly focusing on security.
Posted by: anya at December 17, 2004 02:41 PMlol .. all this business stuff may be interesting to u guys .. but it doesnt capture my interest much. nice 'real life' take though.
Posted by: mediumlatte at December 17, 2004 02:45 PMHowever, there is other side of the story too..
Motorola spinning off Freescale and Siemens separating Infineon...