A lot of technology conglomerates need to spin off some of their businesses because they are run in less than a top class way, with senior management spending little time 
on them, said Jim Davidson, co-founder and a managing director of private equity firm Silver Lake Partners. He said he asks CEOs if they can only spend half a day a quarter on a particular part of the operation then “is this a business you should be in?” He said that because the situation was unsustainable there should be plenty of buyout opportunities for firms like Silver Lake. “There are going to be years and years of deals available,” Davidson told the Reuters Venture Capital Summit.
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Audio - Tech giants and second-class businesses
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Posted by: Martin Howell
Tags: Summit, Venture Capital
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