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Accell said it intended to keep looking for acquisition possibilities.
Running profitably for years after raising just $4 million, Docstoc has been looking for acquisition targets over the past year.
By looking for acquisition targets, companies in the space may in turn make themselves attractive acquisition targets for Redmond.
In April last year, Uber's chief operating officer Barney Harford said it wanted to "double down" its investments in the Middle East and other target markets and indicated it was looking for acquisition opportunities.
"The value of the number of opportunities we see will likely never be paid by anyone they'd throw me out the window if they heard my asking price," he says, acknowledging merely that some global players have been looking for acquisition targets in the region.
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"Now they are looking for acquisitions.
The potential for added revenue should increase interest from buyers looking for acquisitions.
Mr. Sharer said Amgen was not looking for acquisitions, especially in the near future.
James R. Sulat, Chiron's chief financial officer, said the company was still looking for acquisitions.
That question is confronting companies looking for acquisitions amid the European debt crisis.
It is also looking for acquisitions, the chief executive, Stephen Bollenbach, has said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com