This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Most M&A Crazy Companies Since the Financial Crisis

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Hewlett Packard (HPQ - Get Report)

No one can dispute that within Silicon Valley, Hewlett Packard's been on a big buying spree in recent years -- the big question is whether it's been a boost to the company. In October, HP took a majority stake in British software giant Autonomy at a cost of $10.3 billion in the company's second largest merger ever to its $25 billion deal for Compaq in 2001. Shares however have fallen 35% year-to-date.

HP's most recent Autonomy purchase is a legacy of former chief executive Leo Apotheker, who in August, planned the Autonomy purchase and a spin of the Palo Alto, Ca., -based company's PC's business to tip the balance of sales to a services and software orient. Apotheker was fired in September and replaced by Meg Whitman, who's completed the Autonomy purchase but quashed a PC's spin.

Nevertheless, HP's been on the deals hunt long before its Autonomy purchase. Overall, it cut five other $250 million sized deals, adding to a merger bill of $17.7 billion. In the spring of 2010, HP purchased 3Com for $2.7 billion to bolster its networking business, and later it bought Palm for $1.2 billion to sell handsets and leverage its webOS platform. In the summer, the company bought Fortify, a software security company that helps users connect to mobile devices using a firewall. That fall, the company paid $2.35 billion for 3Par's storage capabilities and $1.5 billion for ArcSight in a push to security services.

As a result of the deals, HP's Technology Solutions group is growing at a 13.4% in the last two years, its fastest growing business. After keeping the PC's division, Whitman must now work to integrate the company's businesses with more than $126 billion in sales to build on its 7% profit margins.
5 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
BRK.B $135.74 0.00%
BAC $16.36 0.00%
BA $133.24 0.00%
GE $25.16 0.00%
GS $187.75 0.00%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs