Posted by: Carrie Higbie
It seems to be the theme these days as companies continue acquisitions, hold on to them for a while, then ditch the ones that don’t fit. The sad part for consumers is that it will end up limiting some of our options moving forward. A wise boss told me once that you can’t be everything to everyone. What you can be is damn good at your core business. With Wall Street pressures to grow big companies, there is pressure to grow through acquisition. Recently Cisco, HP and others are shedding under-performing product lines and moving back to core practices and products. Google has now purchased Motorola while HP is shedding its tablet and PC business.
In the end, the consumer suffers through lack of choices, having to find new products for business needs, and reworking budgets for new technology to replace end of life or death of useful products.