Around the Net

Tech Giants Let Instinct Guide Acquisitions

Adapting to the industry’s lighting speed of innovation, tech giants are increasingly basing their acquisition strategies on pure instinct. Google CEO Larry Page, for instance, puts potential targets to a toothbrush test, The New York Times reports. “Is it something you will use once or twice a day, and does it make your life better?” The approach, as NYT notes, “highlights the increasing autonomy of Silicon Valley’s biggest corporate acquirers -- and the marginalized role that investment banks are playing in the latest boom in technology deals.”

Read the whole story at The New York Times »

Next story loading loading..