Some Interesting Technology Purchases May 7, 2006
It seems that some companies are being proactive and purchasing companies who are their suppliers or even software vendors. Now this isn’t exactly a new idea, but the actual technologies that are being gained haven’t typically been the subject of takeovers.
For example, Lockheed Martin is generally considered a defense contractor, but was often involved in NASA’s aeronautics projects as a supplier. Recently, they announced that they’ll be purchasing Savi Technology, a company that builds RFID solutions for defense and transportation. Apparently, it’s a huge purchase, in the 9-figures range.
Another similar recent purchase happened when John Deere, a …
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