• 12/24/2004
    6:00 PM
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2004 Top Ten: Mergers & Acquisitions

A quiet year for storage-networking acquisitions built to a whopping crescendo
What started out as a ho-hum year for storage networking M&A's ended with a bang.

For awhile, it appeared the rampant consolidation of 2003 would have little carryover to 2004. Then, just in the past week, two major deals hit with snowstorm speed: Symantec Corp.'s (Nasdaq: SYMC) blockbuster buy of Veritas Software Corp. (Nasdaq: VRTS) and EMC Corp.'s (NYSE: EMC) grab of System Management Arts Inc. (Smarts).

Sandwiched between those two on our Top 10 list for 2004: the closing of Cisco Systems Inc.'s (Nasdaq: CSCO) drawn-out purchase of Andiamo Systems Inc. The remainder of the list represents a smattering worthy of a holiday fruitcake.

Herewith, the Byte and Switch Top 10 M&A's of 2004:

No. 10: Veritas Nabs Ejasent

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