Scott A. Barshay of Cravath, Swaine & Moore LLP acted as legal advisor for IBM. Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as financial advisor and Frederick B. Thomas and William R. Kucera acted as legal advisors for Mayer Brown LLP.
-capIQ
Monster may be a bit much, but in this wonderful market (M&A market), anything north of $1 billion could be something to write home about, or, in this case, write on an IB forum.
Agreed, nothing really "monster" about this deal at all. Hell, the space I cover is not nearly as big as tech and we had a $1.2 Bn deal this past week as well - not exactly earth shattering.
Tech exits this year have been abysmal at best, with the exception of Oracle & JAVA this has been a monster merger for 09. Additionally, tech niche companies are increasingly losing their edge to industry maturation/saturation. Most new business models emerging from the post - web 2.0 era are "echo chamber" ideas or extremely gimmicky. Also who here has heard of SPSS? The rumor mill is a buzz with a possible acquisition of Yahoo! by Microsoft in the 500 MM to 1B range w/ some future revenue shares; pre tech bubble burst this would have been up there with Time Warner/AOL, now its upfront cash is on par with a no name data mining software.
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Wat the shit
Is SPSS the statistical software?? I never know that it is worth so much.
Scott A. Barshay of Cravath, Swaine & Moore LLP acted as legal advisor for IBM. Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as financial advisor and Frederick B. Thomas and William R. Kucera acted as legal advisors for Mayer Brown LLP. -capIQ
What has the world come to when a $1.2B IBM acquisition is dubbed a "MONSTER MERGER!" ?
Seriously, its .25% of IBM.
Ha my thoughts exactly "monster merger"!? Tech M&A markets taking off!
Monster may be a bit much, but in this wonderful market (M&A market), anything north of $1 billion could be something to write home about, or, in this case, write on an IB forum.
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Agreed, nothing really "monster" about this deal at all. Hell, the space I cover is not nearly as big as tech and we had a $1.2 Bn deal this past week as well - not exactly earth shattering.
Tech exits this year have been abysmal at best, with the exception of Oracle & JAVA this has been a monster merger for 09. Additionally, tech niche companies are increasingly losing their edge to industry maturation/saturation. Most new business models emerging from the post - web 2.0 era are "echo chamber" ideas or extremely gimmicky. Also who here has heard of SPSS? The rumor mill is a buzz with a possible acquisition of Yahoo! by Microsoft in the 500 MM to 1B range w/ some future revenue shares; pre tech bubble burst this would have been up there with Time Warner/AOL, now its upfront cash is on par with a no name data mining software.
Ex et maxime ut expedita ex. Similique voluptatem illum quaerat quis dolor earum. Possimus velit numquam reiciendis aut veniam inventore. Ut et rem quasi. Repudiandae debitis harum numquam error provident neque soluta saepe. Ut fugit corporis voluptate maiores. Quia ipsum accusantium sed qui autem atque.
Fugiat atque nisi maiores minus incidunt rerum ea. Voluptatum cum sit est sint id. Omnis libero qui dolorem commodi quia explicabo. Autem unde nihil ducimus accusantium dignissimos aspernatur.
Et sit ut soluta doloribus aspernatur omnis possimus. Assumenda deleniti odit consectetur amet qui nihil. Aut quam consequatur ipsum ut. Voluptatem culpa consequatur voluptates earum qui. Quia magnam assumenda aliquam ab veritatis vero saepe.
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