The World Wide Web has many many strands. I have many spiders which sit on various strands (yahoo/google/twitter/techncorati). I track a number of subjects, brand names, company names etc. Today my twitter spy brings me news of an acquisition. Intuit is buying Electronic Clearing House (a former employer who booted me).
Now ECHO was a decent company with strong growth. Technology was well respected and well fed. A management shake up occurred and a number of people got canned. Shortly after I was eliminated (like withing a week) I interviewed at Intuit card processing services. I saw top management from my firm on the sign in sheet. So I knew something was in the works.
http://www.foxbusiness.com/markets/industries/finance/article/intuit-buy-electronic-clearing-house-17-share_414474_9.html
Both companies seemed to not really have there head on straight in terms of systems operations management.
So someone didn’t really do their homework in my opinion. Or maybe more people got canned and new blood was brought in?
Eh Whatever.