Is there going to be a surge in tech mergers in 2014
Jay Soloff
Argonath Financial
Is there going to be a surge in tech mergers in 2014? Tech giants like Apple (AAPL), Amazon (AMZN), and Google (GOOG) regularly snap up small companies to add to their tech portfolio. However, Google set the bar higher with a major acquisition this week, spending $3.2 billion on Nest Labs. The acquisition is the second largest ever for the Internet search giant after Motorola Mobility, and just ahead of Doubleclick. Nest produces popular smart thermostats and smoke detectors that can be accessed from your smartphone and adapt to user behavior over time. So why did the company cost so much? First off, Nest surely has other products in its pipeline. Google is paying for the expertise as well as the products themselves. More importantly, it's a chance for Google to make a big splash into the growing smart device field.
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I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market maker on the floor of the CBOE, as a consultant on Wall Street, and as a senior analyst at a multi-strategy hedge fund. You can visit my website at www.argonathfinancial.com.
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Jay Soloff
Research Analyst
Argonath Financial
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
Expertise
No areas of expertise
Jay Soloff
Research Analyst
Argonath Financial
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
Expertise
No areas of expertise
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