Unisys had no synergy, the sum was less than the parts.
HP is doing relatively well after having absorbed Compaq.
At 09:15 PM 1/7/2003 +1100, you wrote:
I wonder if this merger will have the same negative results of some of the
previous mergers? Unisys, HP and many defunct others.
Bob
----- Original Message -----
From: "Mike Johnston"
> Thought this news item today was of general interest:
>
> >Dow Jones Business News
> >Konica, Minolta Confirm In Talks Over Operations Merger
> >Monday January 6, 7:44 pm ET
> >
> >TOKYO (Dow Jones)--Konica Corp. (J.KNC or 4902) and Minolta Corp. (J.MNO
or
> >7753) are in talks aimed at an integration of their operations, spokesmen
at
> >both companies confirmed Tuesday. Local media reported that the two
Japanese
> >office equipment and camera makers will merge under a holding company
this
> >summer in a bid to ride out stiff competition with rivals such as Canon
Inc.
> >( CANNY or 7751). The spokesmen said specific details, such as when and
how
> >to merge operations, have yet to be decided. The Tokyo Stock Exchange
> >suspended trading in both Konica and Minolta shares until 0116 GMT.
Konica
> >plans to transform into a holding company structure April 1. The media
> >reports said Minolta will join that structure around summer. Konica and
> >Minolta already have a tie in the area of research and development of
> >copiers, formed April 2000. In the precision machinery industry covering
> >digital camera and office automation equipment, competition is expected
to
> >intensify globally. But the combined sales of Konica and Minolta lag well
> >behind those of rivals such as Canon and Ricoh Co. (J.RCH or 7752).
Should
> >the operation merger go through, annual sales at the new entity would
likely
> >slightly exceed Y1 trillion, compared with industry leader Canon's sales
of
> >nearly Y3 trillion for the business year ended December 2001. For the
> >business year ended March 2002, Konica posted group sales of Y539.57
> >billion, while Minolta recorded sales of Y510.86 billion. -Tokyo Bureau,
Dow
> >Jones Newswires; 813-5255-2929
> >
> >
> >
> > Dow Jones Newswires
> > 01-06-03 1944ET
>
Outside of a dog, a book is man's best friend.
Inside of a dog, it's too dark to read. --Groucho Marx
