You've all seen Jaws. The plot is simple: hungry fish with hundreds of teeth meets less-than-bright swimmers and tears them to shreds. Shoot forward to the present: CA has always been the industry's predatory shark with an appetite, cruising just below the surface waiting to gobble up tasty little hi-tech morsels - in fact, CA has turned takeovers into an art form. Many a company with a bright future has suddenly found itself swallowed up, its management sent away to "pastures new", its employees shown the door, and its reasonably well-known technology digested and dumped out in a completely different, and unrecognisable form. However, with its massive $9 billion cash bid for Computer Sciences Corp (CSC), CA may have at last bitten off more than it can chew. Firstly, CSC found the bid about as welcome as a one-arm man dangling over the edge of a cliff finds an itchy leg. When CSC refused further talks, CA slipped in the backdoor (the Net) to tempt the shareholders with a mega-payoff if they exert some pressure. That pressure is already resulting in CSC shareholders filing lawsuits against CSC because they want the dosh and couldn't give a monkey's about synergy and compatibility. But that's just the problem. While there's no doubt that IT services is a gold mine, initial reactions to the deal do not look promising. CA is well-known and feared for stripping companies faster than piranhas do hunks of meat. CSC doesn't seem to want the deal and hostility is high. This is not a good sign, especially since CA hopes to integrate CSC's 44,000 strong global workforce with it's own, much smaller 11,000. Then there's the financial reaction to the deal: Wall Street were very happy for CSC whose share value rocketed. CA had $4 billion of its share value wiped out because its a unfriendly takeover for cash which may hurt earnings for years. Finally, there's the little problem of user confidence and conflict of interests. CSC watchers, and some users, believe linking up with CA means the company loses its non-biased position and will end up being a front for CA products. CA could also now lose some very lucrative deals service giants like EDS, since it intends to compete with them. Right now everything is still pending but it looks as if CA has finally over-reached, and in the distance can be heard the sounds of joyous laughter from the ghosts of those companies that fell to the might of CA's wallet and disappeared without a trace.
Nanocrystals embedded in glass or a polymer could be the next step for nano-crystal storage method
Space Telescope to be used as part of the organisation's Transiting Exoplanet Survey Satellite
Second quarter PC sales up by 2.7 per cent, suggests IDC
Apple updates MacBook Pro with Coffee Lake CPUs, 32GB memory and up to 4TB storage - at a price, of course
A maxxed out MacBook Pro will cost a mere £6,209