The Fed is finally starting to indicate that it is going to honor investors with some rate of return. Portfolios everywhere are suffering from the cheap money strategy that has helped spur the economy and at the same time made passive investment a fool’s strategy.
Perhaps we have Apple to credit for issuing bonds that finally gave Treasuries a competitor.
So now that we are heading for more expensive money, is there a last binge of M&A that will take place?
My expectation is that it will happen. We have seen a lot of companies this year expand their portfolio of solutions that point to a convergence. Oracle is increasing the Network I/O capability with Acme and Tekelec. Apple acquired AuthenTec and Particle. Facebook acquired Atlas and Snaptu. Google acquired CleverSense and Clear Intelligence. Microsoft acquired Pando and Yammer. Yahoo acquired Stamped and Summly...Read More
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