Tuesday, 11 November 2008

Telecoms R&D – buy now and avoid the rush?

(By Anthony Miller) As a sort of a post script to Harvey Nash’s acquisition of Alcatel-Lucent’s Nuremberg centre, on which we passed favourable judgement (see here), I spotted a couple of other items suggesting telecoms players are very much 'plat du jour'. A day prior, Indian SI, Satyam, announced (in a rather strangely worded release) that it is taking over Motorola’s Malaysian software development centre (SDC) and its 128 staff. In a similar vein the same day, the Israeli Venture Capital Research Centre released its 3Q08 report which pitched the Comms sector at the top of the capital-raising league. Other Indian Sis have also made plays in the telecoms sector, with TCS the most recent (I believe), buying Nokia Siemens Networks’ Dussledorf centre (which, by the way, I visited in June and was very impressed). There was a time not so very long ago that the last thing any hi-tech manufacturer would outsource is its core R&D. How times have changed.

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