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Wednesday, June 22, 2005
Hummingbird's, acquisition of RedDotmay not represent long awaited evidence of industry "consolidation". Tony Byrne writes,with the acquistion its just one corporate entitity less - but Hummingbird, like most acquirors, is leaving in place all the RedDot staff and offices, and most importantly - retaining all RedDot's products and adds established products almost never go away – they just find new owners. Surely one of the major stories of this decade has been the expansion of product choices for technology buyers in the information-management space, along with the inability of any major supplier to figure out an effective roll-up strategy of weaker competitors. Among the products tracked by Cmswatch.com, nearly all are at least 5 years old and boast large enough customer bases to keep them going for some time even in a renewed recession. So unless a volcano explodes somewhere, mass extinctions may not happen for the rest of this decade. Chris Selland on the other hand feels that There's no mistaking it: The CRM market is consolidating and that consolidation is not merely happening, it's accelerating.
Category :Consolidation |
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