Wall Street Beat: Tech M&A flattens as economic uncertainty reigns, report says

Tech companies look for smaller IP deals as they position themselves for the next wave of computing

By , IDG News Service |  

"The biggest wave of disruptive technologies on the enterprise side is cloud computing services," Fisher said. "On the consumer side it's a little different, focusing on the convergence of computing, entertainment and communications on single mobile devices."

Meanwhile, economic uncertainty hit the markets this week. Though markets including the tech-heavy Nasdaq closed up for the day Friday, the major indexes and exchanges had their worst week since June. The Nasdaq computer stock index was up by 10.46 points for the day Friday, at 1518.91. It began the week, however, at 1575.16.

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