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	<title>Digital Daily &#187; mergers</title>
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	<description>by John Paczkowski</description>
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		<title>Fiorina's First Act as Senator: Merge California and Nevada</title>
		<link>http://digitaldaily.allthingsd.com/20091104/former-hp-ceo-announces-senate-candidacy/</link>
		<comments>http://digitaldaily.allthingsd.com/20091104/former-hp-ceo-announces-senate-candidacy/#comments</comments>
		<pubDate>Wed, 04 Nov 2009 15:46:31 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[Digital Daily]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=28151</guid>
		<description><![CDATA[Her dreams of heading up the World Bank dashed, former Hewlett-Packard CEO Carly Fiorina, the architect of one of the worst tech mergers in history, has turned her attention to California politics. After months of speculation, she officially announced her candidacy for the U.S. Senate today.]]></description>
			<content:encoded><![CDATA[<blockquote><p>&#8220;I don’t think John McCain could run a major corporation. I don’t think Barack Obama could run a major corporation. I don’t think Joe Biden could, either. But it is not the same as being the president or vice president of the United States. It is a fallacy to suggest that the country is like a company. To run a business, you have to have a lifetime of experience in business, but that’s not what Sarah Palin, John McCain, Barack Obama or Joe Biden are doing.&#8221;</p>
<p>– <a href="http://digitaldaily.allthingsd.com/20080917/qotd-34/">Former Hewlett-Packard CEO Carly Fiorina</a></p></blockquote>
<p><img src="http://digitaldaily.allthingsd.com/files/2009/11/fiorina-150x150.jpg" alt="fiorina" title="fiorina" width="150" height="150" class="alignright size-thumbnail wp-image-28157" /> Her <a href="http://blogs.siliconvalley.com/gmsv/2005/03/well_ms_fiorina.html">dreams of heading up the World Bank dashed</a>, former Hewlett-Packard (HPQ) CEO Carly Fiorina, the architect of one of the worst tech mergers in history, has turned her attention to the U.S. Senate.</p>
<p>After months of speculation, Fiorina officially announced her candidacy today. She&#8217;ll run as a Republican against Sen. Barbara Boxer (D., Calif.). Of course, to do that, she must first win the Republican primary. Fiorina broke the news in an <a href="http://www.ocregister.com/articles/work-people-california-2635660-every-government">op-ed in the Orange County Register</a>.</p>
<p>&#8220;Admittedly, I have not always been engaged in the electoral process, and I should have been,&#8221; she wrote. &#8220;For many years I felt disconnected from the decisions made in Washington and, to be honest, really didn&#8217;t think my vote mattered because I didn&#8217;t have a direct line of sight from my vote to a result. I realize that thinking was wrong.&#8221;</p>
<p>Reflecting on her personal history, Fiorina continues: &#8220;As I grew throughout my career, beginning as a secretary and eventually becoming a CEO, I saw how government impacted business. I learned more as a member of advisory boards at the State Department, the Pentagon and the CIA. I now understand, in a very real way, that the decisions made by the Senate impact every family and every business, of any size, in America. This is what motivates me to run for the U.S. Senate. And so today I am announcing my candidacy to serve the people of California as your next U.S. senator&#8230;.Together we can turn things around.&#8221;</p>
<p><em>Together we can turn things around?</em> Not if Fiorina&#8217;s performance at HP is any indication. Before she was forced out of the company by its board of directors, she was so  at odds with the uniquely Californian &#8220;HP Way&#8221; that her corner office could have been powered solely by Bill Hewlett spinning in his grave. </p>
<p><strong>UPDATE:</strong> Here&#8217;s <a href="http://www.carlyfiorina.com/NewsRoom/CNN%20Op-ed.pdf">another Fiorina op-ed</a> from earlier this year in which she discusses executive pay. Unsurprisingly, she is against President Obama&#8217;s efforts to restore &#8220;common sense&#8221; to CEO compensation. And why wouldn&#8217;t she be? After all, she walked away from HP with a $21 million severance package.</p>
<p><strong>UPDATE:</strong> For those of you just joining us over at CNet, the headline is a <strong>joke</strong> referring to HP&#8217;s ill-starred merger with Compaq.</p>
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		<title>Dude, You're Getting Perot Systems</title>
		<link>http://digitaldaily.allthingsd.com/20090921/dell-to-acquire-perot-systems-for-3-9-billion/</link>
		<comments>http://digitaldaily.allthingsd.com/20090921/dell-to-acquire-perot-systems-for-3-9-billion/#comments</comments>
		<pubDate>Mon, 21 Sep 2009 12:00:46 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[Digital Daily]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=25111</guid>
		<description><![CDATA[David Johnson, the mergers-and-acquisitions specialist Dell hired away from IBM earlier this year, has clearly been busy these past few months. This morning, the PC maker announced plans to buy information technology services outfit Perot Systems for about $3.9 billion.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2009/09/DudeYoureGettingPerot.jpg" alt="" title="" width="216" height="177" class="alignright size-full wp-image-25125" />David Johnson,  <a href="http://www.informationweek.com/news/showArticle.jhtml?articleID=217700367">the mergers-and-acquisitions specialist Dell hired away from IBM</a> (IBM) earlier this year, has clearly been busy these past few months. This morning the PC maker announced plans to buy information technology services outfit Perot Systems (PER) for about $3.9 billion. Under the terms of the deal, Dell (DELL) will offer $30 a share for Perot, a 68 percent premium over Friday&#8217;s closing price Friday of $17.91. </p>
<p>&#8220;This significantly expands Dell’s enterprise-solutions capabilities and makes Perot Systems&#8217; strengths available to even more customers around the world,&#8221; <a href="http://content.dell.com/us/en/corp/d/secure/2009-09-21-Perot-Systems.aspx">Dell CEO Michael Dell said in a statement</a>. &#8220;There will be efficiencies from combining the companies, but the acquisition makes such great sense because of the obvious ways our businesses complement each other.&#8221; </p>
<p>The deal is expected to close some time in January and when it does, Perot will become Dell&#8217;s services unit.</p>
<p>An interesting move. While there had been speculation that Dell was looking to acquire a handset company like Palm (PALM), it seems Dell was far more interested in boosting its enterprise business by acquiring an outsourcer like Perot.</p>
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		<title>What the Hell's Going On With Sun?</title>
		<link>http://digitaldaily.allthingsd.com/20090107/who-said-the-ma-market-was-dead/</link>
		<comments>http://digitaldaily.allthingsd.com/20090107/who-said-the-ma-market-was-dead/#comments</comments>
		<pubDate>Wed, 07 Jan 2009 16:03:17 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[Digital Daily]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=10831</guid>
		<description><![CDATA[Who said the M&#38;A market is dead? Sun Microsystems said this morning that it has acquired Q-layer, a company that automates cloud computing deployments. Meanwhile, Sun shares have been trading higher for a few days now, inexplicably up about 20 percent vs. Nasdaq, which isn’t doing nearly as well.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2009/01/java.jpg" alt="" title="java" width="220" height="185" class="alignright size-full wp-image-10832" /><br />
Who said the M&amp;A market is dead? Sun Microsystems said this morning that <a href="http://www.sun.com/aboutsun/pr/2009-01/sunflash.20090107.1.xml">it has acquired Q-layer</a>, a company that automates cloud computing deployments. A noteworthy move for Sun (JAVA), which has been refocusing its attention on the <a href="http://www.sun.com/aboutsun/pr/2008-11/sunflash.20081114.1.xml">cloud computing space</a>&#8211;or trying to, anyway. Presumably, the company has been preoccupied with other matters these past few months&#8211;like <a href="http://digitaldaily.allthingsd.com/20081114/sun-to-stop-christmas-from-coming/">&#8220;aligning its massive and struggling hardware business with the global economic climate&#8221;</a> and aligning 18 percent of its workforce with unemployment benefits.</p>
<p><a href="http://finance.google.com/finance?q=sunw">Sun shares</a> are trading up on the news. That said, they&#8217;ve been trading higher for a few days now, inexplicably up about 20 percent versus Nasdaq, which isn&#8217;t doing nearly as well.</p>
<p>Odd, that, isn&#8217;t it?</p>
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		<title>Yang: I'll Probably Never Be CEO Again</title>
		<link>http://digitaldaily.allthingsd.com/20081118/yang-ill-probably-never-be-ceo-again/</link>
		<comments>http://digitaldaily.allthingsd.com/20081118/yang-ill-probably-never-be-ceo-again/#comments</comments>
		<pubDate>Tue, 18 Nov 2008 18:49:09 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
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