This article reveals good news on increased risk-taking activities by tech companies. According to the author, the first three weeks of September saw $19.3 billion in technology mergers and acquisitions. Also, Mark M. Zandi, chief economist of Moody's Economy.com, predicts that tech spending in the U.S. will increase 4% in 2010 and 10% in 2011, after dropping 10% this year.
Sunday, September 27, 2009
Tech: The Return of Risk-Taking
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I think that this is an interesting article because it could be a serious sign of American recovery from the recession. Many times mergers are about cutting cost and being more efficient, but they can also be about ingreasing output and growth. However, the only real problem is the outsourcing of jobs. If these firms outsource workers, then these mergers will not create more jobs domestically, and wont help to pull out of this economic downturn.
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