Tech companies are cashed for make acquisitions

By October 22, 2009Exits

The last month or so has been a strong one from an M&A perspective, with Cisco making two $3bn acquisitions (Tandberg and Starent Networks), Intuit acquiring Mint for $170m and Adobe acquiring Omniture for $1.8bn – and that is just off the top of my head.

Take this activity and add the rumours circling about tech companies receiving pressure from shareholders to use some of their cash to make acquisitions and one could almost forget that it is only 13 months since Lehman filed for bankruptcy and people were predicting the end of capitalism.

In this context I thought you might be interested in the following list of cash holdings at leading tech companies.

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There is a lot of cash there which needs a home people.

  • fdestin

    Old fashioned idea: share buybacks 🙂

  • Let's hope not…

  • Let's hope not…