PracticePeople In PracticeQ&A: The dotcom bubble

Q&A: The dotcom bubble

Each week we ask experts about new developments. This week Access Accounting's corporate project manager, Kevin Misselbrook, gives us an insight into the attraction of dotcom acquisitions.

Q

With the bubble having burst on the share price of internet consultancies, do you believe more traditional companies will snap up new economy organisations?
A We may see a greater instance of acquisitions where dotcoms have innovative technology of substance, and the acquiring firms have the relevant experience to qualify their value.

Q Any drawbacks to the deals?
A Many accountancy firms do have significant experience in new technology and IT issues. There are many firms however that do not have the knowledge pool that firms such as Arthur Anderson possess. It would be difficult for these firms to assess the risks involved in making dotcom acquisitions.

Q Where do you see the market heading?
A We will see more consolidation between the new technology companies and the traditional business format. In the future there will be a greying of the current demarcation line between new technology companies and the more established service companies. In short it is consolidating with reality and the future looks bright.

Access Accounting can be found at www.access-accounts.com

Related Articles

Is inefficiency stealing your time and money?

Accounting Firms Is inefficiency stealing your time and money?

6m Emma Smith, Managing Editor
CIMA elects new president

Institutes CIMA elects new president

6m Emma Smith, Managing Editor
Transparent currency trade: How to achieve costs visibility

Governance Transparent currency trade: How to achieve costs visibility

6m Emma Smith, Managing Editor
Introduction to KPMG UK’s new leadership team

Accounting Firms Introduction to KPMG UK’s new leadership team

6m Emma Smith, Managing Editor
EY appoints head of UK Infrastructure Asset Intelligence practice

Accounting Firms EY appoints head of UK Infrastructure Asset Intelligence practice

8m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
MHA MacIntyre Hudson advises on management buy-out

Accounting Firms MHA MacIntyre Hudson advises on management buy-out

10m Emma Smith, Managing Editor