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Published April 7, 2010 at 2:28 PM
Cisco Systems Inc.'s classic mantra, "R&D equals M&A" is making a comeback, says Eric Gebaide, managing director of technology
bank Innovation Advisors. Indeed, Thomson Reuters and the National Venture Capital Association recently reported that in the first quarter of 2010, venture-backed M&A exits averaged $180.2 million, 21% percent higher than the total average disclosed transaction value for all of 2009. Gebaide discusses the pent-up demand for tech M&A in this video conversation with The Deal. Watch the video below or download it on iTunes.--Mary Kathleen Flynn
City National Bank tapped Richard Limekiller as a senior vice president and senior portfolio manager in New York. He spent nearly 20 years with U.S. Trust, Bank of America Private Wealth Management. For other updates launch today's Movers & shakers slideshow.
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