Public companies are sitting on record amounts of cash — and they’re spending more of it on mergers and acquisitions — but money isn’t the only thing controlling these deals.
Five Silicon Valley technology executives, four of them at public companies that are buying, spoke in San Francisco last week at a conference sponsored by the technology blog GigaOM on the multitude of factors that go into making a deal — including emotion.
“The whole process hurts –- it’s painful for the acquirer and the acquired,” said Lorenzo De La Vega, a vice president at International Business Machines Corp.’s software group who’s been involved in mergers and acquisitions for 19 years. “You keep an eye on the prize and rally the team around fulfilling that vision…so you have something to show for it.”
To read the full, original article click on this link: In M&A, ‘Show Me The Money’ Only Part Of Making The Deal - Venture Capital Dispatch - WSJ
Author:
Deborah Gage
