Mobile land grab
Over the last number of months I have been increasingly excited about the uptake in the smartphone market. I usually look to my early-20’s / late-teen's kids to see what they and their friends are doing. They all have a BlackBerru or iPhone – a year ago it was all cheap Nokias. While Google Android struggled with the first launch, the next version sounds a lot better – and when Google makes hardware you know it’s got to be important. Nokia is starting to panic – but is working hard to keep market share. Not surprisingly, smartphone apps are popping up everywhere and with faster networks – not to mention Wi-Fi – it is really transformational. At 56 years old. I swore I would never download and watch a movie on such a tiny screen – but I did on my BlackBerry 9700... and it wasn’t bad. And it didn’t end partway through when the plane landed.
All that to say that in such a booming market, watch for software acquisitions as sellers get inventive and buyers go for the land grab. It’s about to get busy.
Posted by BruceLazenby, Vice President on 11 February 2010
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