Some of the largest companies in the world have been on a buying spree in 2014, snapping up complementary businesses via strategic acquisitions.
Tech mergers such as Facebook’s purchase of WhatsApp for $19 billion–roughly 13 times Facebook’s 2013 net income–may look like the beginnings of another bubble. Then again, with the huge growth in mobile users and technology, some strategic acquisitions are practically a requirement for staying competitive.
IMAGES: Courtesy Company, Deals Shaking Up Tech
Last updated: Jun 23, 2014