Subscribe to Entrepreneur for $5

Spinoff Doctors

VC firm frees and rehabilitates small tech firms languishing inside large companies.

This story appears in the November 2004 issue of Entrepreneur. Subscribe »

One of the great dramas of the 1990s was watching large race to get larger through . The lure of hot new technologies and plentiful cash from the public markets combined to create a tidal wave of M&A activity, especially among the new-technology giants like Cisco Systems, , Microsoft and Network Associates Technology.

Many of those acquisitions, of course, did not work out as planned. And now those acquisitive parent companies are finding themselves burdened with underperforming divisions or product lines.

Continue reading this article - and everything on Entrepreneur!

We make some of our best content available to Entrepreneur subscribers only. Become a subscriber for just $5 to get an ad-free experience, exclusive access to premium content like this, and unlock special discounts.

Entrepreneur Editors' Picks