Word: recentering
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Dates: during 2000-2009
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...Industry analysts say decisions by several big-name tech companies to plunk down billions of dollars on deals in recent weeks is a sign that senior executives believe the economy has bottomed and that buying now is better than buying later. "It's clearly a sign of renewed optimism" in the market and sector, says Peter Bell, general partner at Highland Capital Partners, a venture-capital firm in Boston...
...recent wave of deals, such as Cisco's decision to buy Tandberg, Xerox's plan to acquire Affiliated Computer Services, Dell's pending purchase of Perot Systems and Adobe Systems Inc.'s acquisition of Omniture have given analysts and investment bankers optimism that a nearly two-year drought in M&A activity is finally over, with tech leading the way out. (See the 10 biggest tech failures of the decade...
...gain market share. Adobe's acquisition of Omniture will expand Adobe into Web analytics, where demand has been growing for programs that monitor website traffic and improve online advertising. Oracle's $7.4 billion purchase of Sun Microsystems expands the software company into the computer hardware market and Cisco's recent $3 billion bid for Tandberg will boost the company's presence in the growing videoconferencing market...
When Tom Cruise starred in the film adaptation of the legal thriller The Firm, the book's author John Grisham later tipped his hat to Cruise, who played a recent Harvard Law School grad: "I thought [Cruise] did a good job," Grisham said in an interview with Entertainment Weekly. "He played the innocent young associate very well...
...above letter was signed by 68 current graduate students and recent alumni of the Harvard Economics Department’s PhD programs...