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eBay Gets Big Payoff from PayPal

While eBay (EBAY) has had a mixed record with M&A, there is no doubt that the company did pull off one of the best deals in Internet history: the purchase of PayPal (I included it in my recent piece entitled "The Best M&A Deals of the Decade").

Just how good? In eBay's latest quarterly report released Wednesday after the bell, PayPal was the growth driver as the company reported a 16% jump in revenues to $2.4 billion. Net income came to $1.4 billion, which was a nice increase from the $367 million in the same period a year ago. Taking out one-time items, the earnings were 44 cents per share. The consensus was 40 cents per share.

Continue reading eBay Gets Big Payoff from PayPal

Cisco's tidal wave of deals continues

With billions in the bank and a broad technology platform, Cisco (NASDAQ: CSCO) has been fairly clear that a big priority is M&A. And this week, we got another deal: the $105 million purchase of Tidal Software.

Tidal develops sophisticated data center software solutions -- helping to manage diverse applications, such as from Oracle (NASDAQ: ORCL), SAP (NYSE: SAP) and Microsoft (NASDAQ: MSFT).

Of course, Tidal's business is a nice complement for Cisco, which is getting aggressive in the server market.

Continue reading Cisco's tidal wave of deals continues

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Last updated: February 12, 2012: 10:55 PM

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