Having spent more than $42 billion to buy about 60 companies, Larry Ellison’s Oracle has set something of a daunting standard for merger activity in the business software industry. So while SAP’s plan to buy smaller business software maker Sybase for $5.8 billion may not roil markets, it could certainly shake up things in an already busy infotech sector.
Most top technology executives are used to juggling businesses worth hundred of millions of dollars, yen or euros. But this week at the Reuters Technology Summit, we asked: if we gave you $1 million to invest anywhere — but not in your own company — where would you spend it?
from Summit Notebook:
We've all heard discussions on what letter of the alphabet the economic recovery will look like. Will it be "V" shaped -- as in, a sharp plummeting, followed by an equally sharp upswing? Or more "U" shaped -- a downturn followed by a flat period before the recovery starts? Is the lightness we're witnessing in the economy the mid-point in a more extended recovery process, mirroring the letter "W"? And heaven forbid, let's not even think we might be stuck in an "L" shaped economy, with no near or medium-term hope of improvement.