Technology companies sitting on cash are well positioned to capitalise on the market upturn while synergies with telecom companies are boosting both sectors, as Emma Dunkley reports
The technology industry has long left behind the woes from the bursting of the dot-com bubble and has emerged as one of the better performing sectors, especially over the last year. The crash at the start of this millennium compelled technology companies to implement measures and robust infrastructure which has stood them in good stead for the current financial crisis. Pictet global technology analyst Navdeep Sheera says companies that bolstered their framework through the dot-com crisis have subsequently been sitting on cash. As a result, they have not generally felt the repercussi...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes