Unimpress Release – Warren Buffett buys Business Wire

Posted by | January 18, 2006 | technology | No Comments

Tom Foremski reports on the irony of America’s most famous investor buying Business Wire, a company that flourished under web 1.0 but is entirely obsolete in web 2.0. Online press releases will be part of an open infrastructure rather than a walled garden service. Which means no long term room for Business Wire, period.

5 other companies that Buffett could buy to match his most recent acquisition:

Xerox

Siebel

Kodak

Sun

Silicon Graphics

Buffett acquires business wire