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Tuesday, July 25, 2006

Acquisition Bids Galore

Mercury which made an acquisition recently – one that of systinet is now in the process of getting acquired by HP. May be they wanted to spruce up their stodgy image.(I expected that HP may make a big ticket offshore service player acquisition, given their relatively poor scaleup in low cost countries and HP services not making any big moves in the recent past). Sungard makes a bid for System Access. The first move is an infrastructure play and the second one brings together vertical solutions. On paper, appears good - though for HP, acquiring Mercury is a real big move.

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