Deals
Big Year for Tech Mergers
This article is for subscribers only.
Cisco Systems Inc., the world’s largest maker of networking equipment, estimates that by 2015 the data equivalent of all movies ever made will cross Internet networks every five minutes. How to manage all that data is what will be driving technology mergers and acquisitions in 2012.
In a bid to transform that torrent into profits, a cash rich industry is poised to surpass 2011′s almost $200 billion volume of announced mergers and acquisitions as companies such as Cisco and International Business Machines Corp. search for deals that will boost their capacity to provide new storage, analytics and security services to enterprise customers.