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Article: High-tech firms in high demand in Bay State
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- November 13, 2009
- Author:
CopyrightCopyright 2009 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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Who's next?
Silicon Valley giants have been shopping for acquisitions in
Massachusetts, buying and partnering with key companies from this
state's much-vaunted technology industry. As businesses long known
for their local roots join with or are absorbed by ventures from
California, the question becomes: What signature companies are left,
and are they targets for takeovers?
In October, the world's top networking firm, Cisco Systems Inc.
of San Jose, Calif., agreed to pay $2.9 billion to buy Starent
Networks Corp. of Tewksbury, a maker of data equipment for cellphone
systems. Earlier this month, Cisco announced a joint venture with
Hopkinton's EMC Corp., the top maker of high-end data storage ...