Sun, 03 Oct 2010 | BUSINESS NEWS
2010 has been a very busy year for acquisitions in the technology sector, with £2.9 billion of deals already in 2010, compared to just £1.1 billion for the whole of 2009.
The question is why is all this money being spent on buying technology businesses?
According to Ian May, vice president of HP’s software division, acquisitions are the fast-track route to procuring smart people, cutting-edge technology or a swathe of customers. And right now there is a big demand for both new technology and people with specialist skills.
May says that acquiring a business for its technology is often far more cost effective than developing it in-house.
Deepak Jain, senior vice president of Wipro, says that buying a company for its people is equally important, considering that it often takes one to two years for existing staff to build up new IT skills.
A wireless communications company based in Edinburgh, has fallen into administration, with administrators now marketing the company’s assets, including its intellectual property portfolio, for sale. Offers are invited.
This international organisational consulting and training business boasts over two decades of success, leveraging a prestigious PMI authorisation to provide top-tier project management training worldwide. With a unique partner-led model and significa...
This is a well-established brand and creative agency located in Yorkshire, known for its strong reputation and tailored campaigns that cater to a diverse client base, including prestigious blue-chip organisations.
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Insurance broker kicks off buy-and-build strategy targeting £100m GWP | BUSINESS SALE
Tower Insurance Brokers, an insurance broker backed by priva...
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Assets including IP available as wireless technology firm collapses | ADMINISTRATION
pureLiFi, a wireless communications company based in Edinbur...
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Listed New Forest hotel up for sale for £8.5m | COMMERCIAL PROPERTY
Burley Manor Hotel, a grade II-listed country house hotel in...
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Insurance broker kicks off buy-and-build strategy targeting £100m GWP | BUSINESS SALE
Tower Insurance Brokers, an insurance broker backed by priva...
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South Wales care home sold to regional operator | BUSINESS SALE
A South Wales care home that provides elderly and specialist...
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Listed New Forest hotel up for sale for £8.5m | COMMERCIAL PROPERTY
Burley Manor Hotel, a grade II-listed country house hotel in...
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