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Tech M&A Momentum Picking Up

Published: Oct 13, 2009
Tech M&A Momentum Picking Up_image
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Cisco announced today that it is buying Starent Networks for $2.0 billion following last week's announcement that it is buying Norwegian video conferencing maker Tandberg for $3 billion - signaling the beginning of the Q4 technology m&a rally. With technology firm's balance sheets wielding healthy cash reserves, we should see increased momentum prior to year end. Smaller, publicly traded survivors may be on the short list for larger firms before valuations rise further.