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Monday, August 09, 2010 10:21:34 AM
... the total liquidity is only about $6 Million.
A buyout is certainly possible. I did some DD on this possibility last week.
IBM happens to be following a strategy of acquisition, and this is the type of company that they might be interested in.
http://www.sramanamitra.com/2010/07/21/ibms-acquisition-strategy/
In fact, IBM already has a comprehensive suite of software products targeted at the Oil & Gas industry. Yet I don't believe they have anything in the safety protocol area.
http://www-01.ibm.com/software/tivoli/products/maximo-oil-gas/
https://www-935.ibm.com/services/us/index.wss/executivebrief/imc/a1004714?cntxt=a1000044
VV
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