Let The Buying Begin

Forbes.com (May 25 2009)

1. With stability creeping back into the economy, the burning question is just how much the big IT vendors will step up their acquisitions and where the new battle lines will be drawn. Case in point: During Hewlett-Packard's ( HPQ - news - people ) earnings call last week, analyst Shannon Cross pointedly asked CEO Mark Hurd to explain the company's future acquisition strategy. With about $11.3 billion in cash and the recent EDS purchase largely digested, that leaves lots of cash for new purchases. Hurd was noncommittal. Hurd has good reasons for not answering, of course, even beyond the legal implications. While HP's top competitor in the enterprise space historically has been IBM ( IBM - news - people ), the landscape is changing. And it will change even more as companies begin spending the billions of dollars in cash they have stockpiled. (Read Full Article)

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