The Inquirer-Home

Merger rumours fill summer void

Symantec-Juniper anybody?
Fri Jul 07 2006, 15:36
FOURTH OF July week always tends to be a bit of a silly season news-wise so it's no surprise that desperate hacks are rustling up merger rumour stories to fill in the long hours before deadline.

Even if the story has no legs, knocking it over can be a useful space-filling tactic. Hence, the eWeek story with the clue in the title: A Match Made in Somebody's Imagination.

This one discusses a "rumour" - if so, utterly unreported - that Symantec could buy Juniper Networks.

"The rumour that Symantec is in talks to acquire Juniper Networks is one of those things that make you go 'Hmm'," the blog entry begins.

Would that be as in: "Hmm, wonder if I could get 250 words out of this"?

EWeek concludes that it's pretty unlikely that Symantec would pick up the tab even if Juniper were jettisoning its NetScreen business, never mind selling lock, stock and barrel.

Especially as the US taxman is arguing over a big chunk of change relating to Symantec's huge Veritas purchase.

Oh well.

OK, how about a fibre access player going on the block?

Light Reading, here, suggests that "rumours abound" that FiberNet Telecom Group could sell out. After all, it's a field that is already seeing purchases by the likes of Level 3 and Qwest.

Plausible, at least, although FiberNet's CEO insists the firm is not actively seeking to sell out.

Alternatively, you could easily throw in HP, IBM or any other storage giant in as a contender to buy Exabyte, which recently hired expert guidance in seeking those good old "strategic business alternatives".

And of course, you can put virtually any company in the world up as a potential buyer of AOL UK or telecoms firms with local-loop access. But we're not that desperate. Yet. µ

 

Share this:

blog comments powered by Disqus
Advertisement
Subscribe to INQ newsletters

Sign up for INQbot – a weekly roundup of the best from the INQ

Advertisement
INQ Poll

Dead electronic devices to be banned on US-bound flights

Will the new rules banning uncharged devices be effective?