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US tech acquisitions: Old-school giants join fray

Industrial stalwarts such as General Motors and General Electric are among the non-tech corporations acquiring such startups

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All kinds of companies, including century-old industrial stalwarts such as General Motors and General Electric, are among the corporate giants acquiring tech startups of late.

San Francisco

FOR years, mergers and acquisitions in technology were fairly straightforward: Every investment bank kept a list of a dozen or so companies such as Google and IBM that had a track record of acquisitions and cash to deploy. When the time and price were right, bankers would...