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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
SNDK 283.13+4.3%Nov 12 3:59 PM EST

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From: Bruno Cipolla8/12/2019 4:34:38 AM
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9 Tech Stocks Poised for Takeovers Amid Market’s Turmoil

BY MATTHEW JOHNSTON

Updated Aug 12, 2019

The technology sector led takeover activity during the second quarter and is now just one of three S&P 500 sectors where M&A deals remain above median levels. Such tech-sector dealmaking isn’t about to let up either, even as other sectors retrench amid the broad market anxiety over ongoing trade tensions and signs of slowing global growth. Using its Acquisition Likelihood Estimate Rankings Tool, or ALERT, Morgan Stanley recently identified a number of likely tech takeover targets, according to Business Insider.

Here are nine of those likely targets, along with their market caps: DXC Technology Company ( DXC), $10 billion; Western Digital Corp. ( WDC), $16 billion; Leidos Holdings Inc. ( LDOS), $12 billion; Zebra Technologies ( ZBRA), $11 billion; PTC Inc. ( PTC), $8 billion; Zendesk Inc. ( ZEN), $9 billion; Juniper Networks ( JNPR), $9 billion; RingCentral Inc. ( RNG), $12 billion; and DocuSign Inc. ( DOCU), $8 billion.

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