So Who's Doing The Shopping In The US? The Big Eleven
In our last post in the Nexit Ventures supported series we covered "why being sold to the US is a big deal". This time round we cover the companis and the M&A activity in more detail. Basically, there are eleven large companies who do the majority of the buying. These companies are Apple, Cisco, Dell, EMC, Google, HP, IBM, Intel, Microsoft, Oracle and Qualcomm.
The big eleven are called the big eleven for the reason that their size and cash reserves enable them to do the majority of the acquisition activity in the States. There are a few key things that entrepreneurs should understand when looking at the M&A activity in the states.
MySQL Founders Invest In Cross-Platform Tech Provider Mobile Sorcery
A Swedish mobile technology startup Mobile Sorcery has gotten a Series A investment of undisclosed sum a second round seed investment of 1.5 million Swedish Kronor (around 145.000 EUR or 206.000 USD)(Correction: the actual investment was a lot bigger, “a proper A round”, yet the exact sum is undisclosed) from MySQL founders David Axmark and Michael Widenius, and STING (Stockholm Innovation and Growth) Capital private equity fund. Majority of this round's investment came Axmark and Widenius, while for STING this was the second investment in Mobile Sorcery.
Ravensoft Green Snapper Rides The Wave Of Green IT
During this economic cycle, energy efficiency is the name of the game. 2009 Green IT Report released last week by Symantec shows that even 45 % of firms globally are adopting green budgets. The companies, which can offer energy efficiency solutions with quick paybacks in terms of cost-savings attract customers (and investors) right now. Last Friday, only 18 month energy and environmental management software startup Hara raised USD 6 million from Kleiner Perkins. Energy efficiency technologies can reduce both costs and carbon emissions and also, these technologies are less capital intensive and can be brought to market quite rapidly. ICT and internet industry like Intel, IBM, Cisco and Google has seized the energy as a significant revenue opportunity for some time. For instance, Google's three step approach to being carbon neutral includes in-house efficiency programs, the actions for producing electricity (cheaper than coal) through renewable energy ( RE<C ) and finally, investments in Carbon Offset projects. As a part of efficient computing, Google introduces CO2 emissions of some everyday activities and compared them to Google searches (a link).
