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But what appears to be a low-growth, low-return business could be a strategic purchase for H.P., according to Rod Bourgeois, a technology services analyst at Sanford C. Bernstein.
Nasdaq has described its stake as "a strategic purchase" and its new status as the LSE's largest single shareholder certainly makes it more difficult for other suitors to make a move.
Canadian IP firm Mosaid has announced a strategic purchase through which they gain control of nearly 2,000 patents out of Nokia's library.
"We are profitable, but it's nice to have [additional] cash to continue geographic expansion, develop new [products] or make a strategic purchase," CEO Austin McChord told TechCrunch.
The terms of the agreement were not disclosed, but it appears to be more of a strategic purchase to bring in more experienced social game development talent.
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The case studies highlight considerable differences across countries in key elements of purchasing, including service benefits covered, the provider payment mechanisms used, the nature of the purchasing organisation (e.g., public or private, and single or multi-purchaser arrangement) and whether or not there is active or strategic purchasing of services (Table 3).
They also aimed at strategic purchases in Africa and elsewhere.
True, strategic purchasing won't close the entire budget hole.
Well designed strategic purchasing contributed to efficiency, cost containment, and equity.
"It is important that we have funds available to make strategic purchases," Mr. Koshalek added.
Strategic Purchasing is responsible for acquisition of a wide variety of products and services.
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