Intel is buying (or has already bought) two major companies in the tech world. First they bought anti-virus stalwart McAfee for almost $8 billion. Now, Intel’s grabbing Infineon for almost $2 billion in cash.
It’s good to be king.
Besides having two supply lines into Apple (Infineon also counts Apple as customer), Intel’s made these moves with ninja-guerilla style that’s all but dead in the days of instant-on news, constant leaks (and leaked leaks).
Which shocks me more? That Intel pulled these deals off so quietly or the insane dollar figures these companies went for (and that Intel had the cash for it)? Quite frankly, I don’t know.
On one hand, you’ve got more connected people (aka leaks) with instant access to the millions of throngs of information junkies (like me) that suck up everything that the internet serves up (including the “how to make a jello swimming pool and make people wrestle in it for your entertainment”). How in the world do you prevent anyone from talking?
And on the other hand? You’ve got the talking heads and corporate leaders constantly telling us that it’s a down economy and they don’t have the resources or demand, to hire the millions of unemployed Americans. Where is this purchasing power coming from? I know, Intel’s not most companies, but the majority of corporate America is still screaming “no” when it comes to hiring trying to keep the bottom line going by cutting back on everything.
Job security answers the leaks issue. It’s hard to find work so the leakers are much more careful about what they let out. Everything on-line is traceable in one manner or another and I’ve got to imagine that folks like Intel are bound to monitor more than they’re telling their employees. Get caught, lose your job and join the unemployment ranks like almost 10% of Americans for the long haul.
That’s enough of a fear to keep leaks at bay. Especially with moves as big as these.
The other? I’m not sure. It’s well publicized that major corporations are sitting on some big cash reserves from cutting back and not spending during the recession. Buying now is a classic move going back to the days of The Great Depression when companies like IBM invested and continually grew and were best prepared for when the economy bounced back again. Still, it can’t sit well with most Americans when companies who screamed bloody losses and cut so many jobs, all of a sudden have so much money to spend.
abc
Intel Buying Spree
Intel is buying (or has already bought) two major companies in the tech world. First they bought anti-virus stalwart McAfee for almost $8 billion. Now, Intel’s grabbing Infineon for almost $2 billion in cash.
It’s good to be king.
Besides having two supply lines into Apple (Infineon also counts Apple as customer), Intel’s made these moves with ninja-guerilla style that’s all but dead in the days of instant-on news, constant leaks (and leaked leaks).
Which shocks me more? That Intel pulled these deals off so quietly or the insane dollar figures these companies went for (and that Intel had the cash for it)? Quite frankly, I don’t know.
On one hand, you’ve got more connected people (aka leaks) with instant access to the millions of throngs of information junkies (like me) that suck up everything that the internet serves up (including the “how to make a jello swimming pool and make people wrestle in it for your entertainment”). How in the world do you prevent anyone from talking?
And on the other hand? You’ve got the talking heads and corporate leaders constantly telling us that it’s a down economy and they don’t have the resources or demand, to hire the millions of unemployed Americans. Where is this purchasing power coming from? I know, Intel’s not most companies, but the majority of corporate America is still screaming “no” when it comes to hiring trying to keep the bottom line going by cutting back on everything.
Job security answers the leaks issue. It’s hard to find work so the leakers are much more careful about what they let out. Everything on-line is traceable in one manner or another and I’ve got to imagine that folks like Intel are bound to monitor more than they’re telling their employees. Get caught, lose your job and join the unemployment ranks like almost 10% of Americans for the long haul.
That’s enough of a fear to keep leaks at bay. Especially with moves as big as these.
The other? I’m not sure. It’s well publicized that major corporations are sitting on some big cash reserves from cutting back and not spending during the recession. Buying now is a classic move going back to the days of The Great Depression when companies like IBM invested and continually grew and were best prepared for when the economy bounced back again. Still, it can’t sit well with most Americans when companies who screamed bloody losses and cut so many jobs, all of a sudden have so much money to spend.
The benefits of free markets, I guess.