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Business Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. The flagship vertical, Silicon Alley Insider, launched on July 19, 2007, led by DoubleClick founders Dwight Merriman and Kevin Ryan and former top-ranked Wall Street analyst Henry Blodget.

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Tech-Deficient Companies Are Buying Their Way Into the Post-iPhone World

Written on
Jan 8, 2013 
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Business Insider  |
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Tech-Deficient Companies Are Buying Their Way Into the Post-iPhone World

So far, 2012 has seen two major acquisitions in the tech space.

Avis bought Zipcar for $500 million. Then, yesterday, Athena Healthcare bought iPhone app maker Epocrates for $300 million.

GigaOm founder Om Malik points out that Avis and Athena are a new kind of a startup buyer – “big non-technology companies” that “need a new technology-centric way of thinking if they need to evolve their business models for the post iPhone world.”

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