Mergers & Acquisitions
Mergers and Acquisitions are very much the norm these days and i suppose, generally beneficial for some businesses.
One of my clients has just been bought over by Microsoft for US$6 billion in an all-cash transaction as reported in the papers today. But we aren’t exactly affected by the acquisition as they will still continue with their business operations as like in the past.
Personally, I don’t forsee much changes except to the board of Directors and their business focus.
I still hate Microsoft by the way, especially after they got fined by the EU (was it the EU?) for monopolising their software on PCs.
I am not a techie by nature but i really don’t like the fact that Microsoft products are priced so expensively and it is not as if all their products are worth that amount.
Like if it wasn’t for the WSP2, i wouldn’t have found out that Firefox was more user-friendly than IE or if it wasn’t for my laptop crash, i wouldn’t have found out that OpenOffice was cooler than Microsoft Office.
As a consumer and a chinese at that too, price affordability tops my list of purchase factors.
Why i say chinese?
Not to sound rude but i came to know that chinese firms generally pick price over services or reliability after i lost a listed client to cheapo pricing.
Yeah, it’s one of those business lessons that are a little painful to learn but never mind.
