Technology firms sitting on mountains of cash.

jamie andrei

Published: February 14, 2009Tags: business, cash, companies, M&A, reserves

Technology firms sitting on mountains of cash.
Money could fund M&A surge, but experts say market must settle first.

By Dan Gallagher, MarketWatch
Last update: 8:51 p.m. EST Feb. 13, 2009Comments: 6
SAN FRANCISCO (MarketWatch) — Though high-tech companies are feeling the same economic pressures that the rest of the economy and market are, the sector has one distinct advantage over other industry groupings in the present environment: piles and piles of cash.

About the Author

Jamie is passionate about people, business and technology. He works at Next Digital one of Australia's big 5 full service digital agencies across a range of SMEs to large ASX listed companies. He is an Account Director with a wealth of experience and enjoys mountain biking, Muay Thai/BJJ, reading, business thinking and technology.