这个世界变化实在是快,就在我们还在回想Alcatel以71亿美元的股票收购Newbridge之时,网络界又出了两件大事:Lucent公司一分为二,Nortel公司将其家庭网络产品线并入另外一家独立运作的公司NetGear。而在这之前,CableTron已经一分为四,3Com公司也将其Palm独立成公司进行运作。同时,3月14日,NortelNetworks公司以股票的方式购买了Xros公司(美国第二大电话设备供应商),该交易额为32.5亿美元。而Cisco今年内将会根据需要收购十多家公司。其实分也好,合也好,其目的都是更好地调整自己的产品结构,扩大自己能够覆盖的市场范围,增强自己的竞争实力。分开:市场和管理的需要通观厂商之间的并购活动,其出发点不外乎两个。一是针对特定的市场,需要有特定的运转灵活的 The change in the world is really fast. Just as we recall that Alcatel acquired Newbridge for $7.1 billion in stocks, the networking industry has made two major events: Lucent splits into two, and Nortel has integrated its home networking product line. Into another independent company NetGear. Prior to this, CableTron had been split into four, and 3Com also operated its Palm independently. At the same time, on March 14th, Nortel Networks purchased Xros (the second largest telephone equipment supplier in the US) as a stock, with a transaction volume of US$3.25 billion. And Cisco will acquire more than a dozen companies as needed this year. In fact, the points are good or the same, the purpose is to better adjust their product structure, expand the market coverage they can cover, and enhance their own competitive strength. Separate: Market and Management Needs Looking at M&A activity between vendors, the starting point is nothing more than two. First, for specific markets, there needs to be specific flexibility