Time was when creative technology companies could rely upon their own people to generate a steady hit parade. Where appropriate, management would send its M&A mavens out to fill a gap in the company product line by looking for an acquisition. But for the most part, the successful companies turned out homegrown products.
That's less and less the case. The latest example being Monday's announcement by Yahoo that it would pay $350 million to buy Zimbra, which makes an e-mail service for businesses. (Earlier this month, Yahoo spent more than $300 million to acquire a data analytics company called BlueLithium.) … Read more