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For many years, it is easier for a corporation to buy a company with existing technology than try to home grow it.
Many industries have consolidated over the years:
Steel Industry
Airlines
Food
Automotive
Pharma
Retail
Computers
And then there is the investment companines, most notable Warren Buffet, Carl Ichan.
The list is endlless - These coporations part and pacel segments of thier portfolios to enhance shareholder value - That is the name of the game.
Every company I have worked for over my 40+ year career in manufacturing has been either bought/sold/closed/went public/went private.
Todays professionals will re-invent themselves several times over - You just can't stay put -
__________________
Jim
1983 944n/a
2003 Mercedes CLK 500 - totaled. Sanwiched on the Kennedy Expressway
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