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Start-Ups Emerge as Tech Vendors of Choice - WSJ.com
August 23, 2012 | WSJ | by BEN WORTHEN.

A new crop of business-focused tech companies such as Splunk Inc. SPLK -0.23% and Palo Alto Networks Inc. PANW +0.98% have recently made successful public-market debuts, fueled by strong revenue growth.

Old-line tech vendors have taken notice. Microsoft in July paid $1.2 billion for Yammer Inc., which makes social-networking tools for businesses. IBM, Oracle and SAP AG SAP.XE +0.60% have all spent billions for younger online software makers. And H-P executives talk about reinventing the company by expanding into three hot businesses that aren't among its main ones today.

"That is a challenge to big companies to show that we can innovate," said Sanjay Poonen, president of global solutions at SAP.
Ben_Worthen  Big_Tech  Box  CIOs  HP  large_companies  Microsoft  Oracle  start_ups 
august 2012 by jerryking
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