Posted Friday 3rd October 2008 09:02 GMT
Most of the M&A activity seemed to be more about earning the advisors a nice fee than actually mergin two complementary businesses.
There has been far too much competition taken out of the market by all the mergers that took place over the last 20 years, and it took years for many of the companies to recover.
Good riddence to the lot of them.
Paul
Posted Friday 3rd October 2008 12:49 GMT
Was taking out too much diversity and positioned companies for the short term not the long term.
It encouraged one trick ponies, and it certainly didn't do the people creating the technology any good, it just encouraged cutting of corners with a layer of sickly marketing icing to be but on the top of anything.
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