Yesterday's big news in the world of tech was the proposed buyout of leading Canadian graphics company ATI Technologies by the major processor manufacturer AMD.
Tyler Hamilton's article - Our hi-tech firms just U.S. farm teams? - is on the front page of today's Toronto Star. It's above the fold, too! I shared my thoughts on the future tech firms in Canada - and got to wave the maple leaf flag a bit in the process.
Your turn: Are acquisitions like this a good or a bad thing? Why/why not?
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Acquisitions... I suppose it depends on how rabid the acquirer is. Monopolies and all that. Disney just acquired Pixar (my partner is a Disney Animator), but the strange thing is... head of Pixar is now running Disney Animation. So who acquiried who?
But it has been a blessing from square one, and the artists knew this immediately. :)
~S
Next Canadian tech player to go will be Cognos. You heard it here...after hearing it elsewhere no doubt, but that's my prediction.
It is really just a part of business, and smaller fish getting eaten up by bigger ones. As for Cognos - there have been rumours that IBM is going to pick them up. At the same time we've heard rumours about RIM for years now.
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