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 »
