Chris Bryant, Columnist

For Sale: Europe's Tech Sector

Is there a response to China's ambitions?
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German M&A bankers have been a busy bunch this year. If they haven't been involved in the monster Bayer-Monsanto deal, there's always the option of picking a domestic high-tech company and shopping it to China.

Monday brought confirmation that China's Sanan Optoelectronics has held talks with German lighting company Osram about a possible acquisition. Although Osram is a big fish even for China -- its market capitalization is almost 6 billion euros ($7.4 billion) -- the story is by now familiar.