Saturday’s Quick Tech Notes
Here are some quick notes in the world of tech:
- Remember the Panasonic/Sanyo merger? Well, it will happen, according to several recent press reports. It will cost Panasonic about $9 billion or so, and it creates Japan’s largest electronics company. They stated it was mainly because of Sanyo’s position in the rechargable batteries business for devices and cars. Does this portend more mergers in the future? Perhaps. In this economy, it makes sense.
- AT&T bought Centennial, a small rural wireless company, for $944 million on Friday. The company has about 1.1 million subscribers, about half of which are in Puerto Rico. AT&T sure seems to be in the buying mood of late, so heaven knows what their motivation is. Perhaps just expanding using the buyer’s market of the economic climate right now? The deal still has to be approved by Centennial shareholders early next year to go through (not expected to be a problem).
- Google is 10 years old, and still pretty strong in the web economy, despite some bumps in the road. CEO Eric Schmidt did an interview with the NY Times about how Google is surviving despite massive slowdowns in many sectors. Careful hiring and reigning in spending is the gist; imagine that? Read more here.


