HP, Dell, Google CEO them registering overvalued technology start-ups

 SAN FRANCISCO January 27 morning news, HP chairman Leilai En (Ray Lane), Dell CEO Michael Dell (Michael Dell) and Google CEO Eric Schmidt (Eric Schmidt) an interview in Davos, Switzerland on Wednesday stressed that technology companies are overvalued.

high valuation

led by Goldman Sachs in the latest round of financing, Facebook got a valuation of 50 billion U.S. dollars, exceeding the old eBay, the Internet company's stock market value. Founded only two years of the United States buy site Groupon Google last month rejected the takeover offer $ 6,000,000,000, and its revenue grew faster than the year in the same period of development of Google and Amazon.


Dell also said in an interview: rising, some investors worry that the technology bubble birth again. But Ryan believes that these fears may be misleading, because the outstanding site will lead the industry as a whole may not be unrealistically high valuation.

He said: also more than 500 billion dollars. In fact, Facebook, Groupon and Twitter to be 100 billion U.S. dollars of business, does not mean that their competitors can. > Google's Schmidt said in an interview, some of the high valuations of young companies in their future potential.

Schmidt said: will be retiring in April this year, Google CEO, and served as executive chairman.

companies Dell and Ryan competes in the PC market, they also had bid for the American storage providers 3Par. HP's final offer with 2.35 billion won, the market valuation of 3Par 3 times before bidding.

His company in December last year after the price of $ 900,000,000 to acquire a rival 3Par Compellent Technologies.

but Ryan has argued that: HP's acquisition of Ryan

3Par in the last year after joining HP in November.

the past 12 months, Dell has announced the acquisition of 8 cases, while the HP is at least 9 of the deal was announced. As technology companies strive to improve the expenditure of cloud computing data centers, resulting in increased valuation of technology companies. In the trading price of over one billion U.S. dollars acquisition of U.S. technology companies, the average premium of 56% last year, for 2006 and 2007 more than doubled.

U.S. private equity firm KKR Henry Kravis, co-chairman (Henry Kravis), said some technology companies have the ability to support the high valuation.

(Seasonal)