Technology companies are big business at the moment. The industry is continuing to boom as our knowledge and capabilities track a path of exponential growth and, with the recent round of investment in London's Tech City, the UK is looking like a great place for start-ups to evolve in.
Buying a technology company can be one of the most lucrative acquisition options. Take a look at the enormous success story that is PayPal: eBay purchased the company back in 2002 for $1.5 billion. A significant investment for sure, but the firm has since generated around $20 billion in returns for eBay and makes up almost 40 per cent of the online firm's entire revenue.
PayPal itself was founded back in 1998 by Peter Thiel and Max Levchin. It was initially designed to facilitate the sending of money between Palm Pilots but has since evolved to allow for money to be sent between a huge range of electronic devices.
The next focus for the firm is to tackle mobile payments, which are becoming big business. Competitor Square announced earlier this year that it reached the milestone of processing one million payments from mobiles in one day. This is clearly something that PayPal wants to get in on.
PayPal was a massive acquisition, the type of which doesn't come along too often. But the concept of snapping up a successful technology firm within the first four or five years of its launch is something that can be taken up by buyers across the industry. Pay attention to the developing trends within the marketplace and have things in place ready to move when the right business comes up to stand the best chance of making that one all important acquisition.
Offering marquee hire from small to large this business services mainly the events industry, its own smaller marquee competitors and occasional work directly with individuals. They can support parties and weddings through to corporate dinners, festiv...
LEASEHOLD
This contemporary, stylish 4 star hotel has 24 comfortable and individually-designed ensuite bedrooms, a modern bar and a recently refurbished restaurant with a great vantage point and some of the best seaside views in North Wales.
This is an attractive and strategically well-located hotel in the heart of Porthmadog and a stone’s throw from the junction of the A497.
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