This is a very interesting article about how big internet companies are flush with cash and looking to buy certain companies. It also covers how the environment is different now then it was in the Bubble years. Both companies are more solid balance sheet wise and have weathered the tough times. It talks about the EBAY/Spype deal and has this interesting tidbit:
The software industry will remain active. Big corporations increasingly want to purchase their software from a few big players. That's forcing the smaller outfits into the arms of larger buyers. Salesforce.com (NYSE:CRM - News) is viewed as a likely takeover target, according to analyst Stuart Williams of Technology Business Research. Potential buyers could include big software companies, possibly even Oracle itself.
Hmm, this could make the stock even more attractive then what I was thinking yesterday.
I can see a big company like Oracle scooping this company up instead of building a web based CRM solution from the ground up. Very interesting news.
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Britney Spears gives birth to baby boy
Again." The singer gave birth to a baby boy this afternoon in Los Angeles. The child is Spears' first, Federline's third.
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