We earlier wrote that the UK (and perhaps the rest of the developed world) is facing a new dot-com era. But it seems the trend nowadays is not only the venture capitalists infusing much-needed capital into startup companies. Now, it’s the tech companies buying the non-tech firms.
Take for example Apple Computers. A month ago, Disney bought Apple’s Pixar Animation Studios, in a deal that made Steve Jobs, Apple’s legendary Chairman and CEO, the largest shareholder in Disney. Now there are rumours that Jobs is mulling a bid for a buyout of Disney.
Jobs’ being in the know of both the entertainment and technology sides of Disney adds credibility to the rumour. However, business analysts agree that Disney is much in-need of added funds and new talent, especially with the increasingly competitive entertainment market. This is said to be the primary reason Disney acquired Pixar in the first place. But for now, these are just speculations.