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Thread: Salesmen input on lon/bac
04-26-2005, 10:09 AM #14
It's highly unlikely that these companies are bought out because of their technology. It's their distribution and market penetration.
Look at Alerton. No exit stragedy for the ownership. Easy for H-well to pick them up. They probably had a vertical market they were interested in. Same thing with Novar. By contrast, look at Invensys. Nobody wanted them yet... I hear they are off the block now. All business, not tech.