The Future of M&A

Consolidation

How have you seen the market develop in terms of consolidation over the past three years?

We have seen lots of merger and acquisition activity, and I expect that to continue. But, to me, the word "consolidation" implies that we are soon going to come down to two or three companies in the field. I hear people talking about consolidation, but it never seems like there are fewer companies at the SIA show. In fact, it seems as if there are constantly new companies and niches emerging. In information

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