"It will be a CNN which will have convergence of its television assets and its Internet assets".
Several factors are contributing to the relative feeding frenzy for hotel assets, but their convergence is what really sets the current market apart from previous cycles, in this most cyclical of property types.
We have seen enormous growth in both the size and importance of alternative assets to our business and an ever increasing convergence in the investor base for these assets.
It is one of the fastest evolving fields due to convergence of IoT, the cloud and smart assets [26].
But unlike Bertelsmann under Mr. Middelhoff, Vivendi Universal under Jean-Marie Messier or AOL Time Warner under Gerald M. Levin and Robert W. Pittman, Viacom did not bet its corporate ranch on convergence -- the marriage of old-line media assets with Internet-age technology.
The SEO/UX convergence will simplify SEO strategy in terms of assets and management.
The next flash crash could be more pervasive than last year's, as global asset markets become increasingly correlated through the convergence of computer-driven trading strategies.
But a huge number of multimillion-dollar investments has shown that extracting a profit from this convergence is extraordinarily difficult, particularly when companies try to meld assets from disparate industries -- say, cellular phones with Hollywood entertainment.
It will also develop technologies for the convergence of disparate networks, which means that different systems can share assets.
"They will partner with me as I focus on Starbucks' mission, growth initiatives, and the convergence and integration of our retail and e-commerce, digital, card and mobile assets around the world," he said.
This will mark a big shift on both sides, but it reflects a convergence of mutual interest.Until recently, private-equity bosses regarded sovereign-wealth funds as competitors in the hunt for assets, but beggars for capital cannot be choosers.
