Rugged.com could attract a large takeover bid from Cisco CSCO, ABB ABB, Siemens SI, and General Electric GE, reports Reuters.
According to Reuters, all four companies are looking for expertise in the smart grid growth market and energy efficiency, and Rugged.com provides just that.
Something to keep an eye on into early 2011.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: NewsRumorsM&ACommunications EquipmentHeavy Electrical EquipmentIndustrial ConglomeratesIndustrialsInformation Technology
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in