Big Tech Hungers for More Acquisitions

If any industry has stood out in recent months when it comes to M&A activity, it's been technology. But more specifically, the narrative has been one of large tech firms purchasing specialized small to mid-cap companies at fairly attractive premiums. The list is long, ranging from Intel’s INTC purchase of McAfee MFE last month to the bidding war between Hewlett-Packard HPQ and Dell DELL over data-center company 3Par PAR. Other recent deals include Oracle’s ORCL purchase of Sun Microsystems and Dell’s purchase of Perot Systems. And on Monday, H-P agreed to scoop up IT-security firm ArcSight. In total, the technology industry has done approximately $262.7 billion in mergers and acquisitions since the beginning of 2009, according to data provided by Dealogic. Read the rest here.