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In finance, telecoms, media and technology, there is thought to be a rare opportunity to seize global market share.
Mr Messier had transformed Vivendi from a stable, if dull, water utility into a transatlantic media player with telecoms, media and internet operations.
As the state's minister for economics, transport and technology in 1995-98, and premier since then, Mr Clement has helped lead it from heavy industry into high-tech, telecoms, media and services.
According to J.P. Morgan, an American bank, the volume of mergers and acquisitions in Europe's combined telecoms, media and technology sector in the second quarter of this year was $194 billion, 24% above the level in the first quarter.
Only four years ago, fund managers were dizzy with success as retail investors poured money into so-called "growth funds" that bought telecoms, media and technology shares ranging from Amazon.com to WorldCom.
As head of the Federal Communications Commission (FCC), a regulator whose reach spans telecoms, media, the internet and everything in between, Mr Powell has endured one mortifying policy defeat after another.
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"Stocks like TelMex and Grupo Televisa are very sensitive to the TMT (telecom, media, technology) story.
He is a longtime fan of telecom, media and financial services, with 80% of his portfolio in those sectors.
Currently, Johnson is a senior partner at TLcom Capital, which invests in telecom, media and technology companies.
Yet even in the midst of the spring selloff in telecom, media and technology shares, there was little rotation into the perceived safety of big industrials.
Thus has Salinas, 51 and worth $5 billion, turned a modest family business into a conglomerate that rakes in $5 billion a year in revenue on telecom, media, retail and banking.
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CEO of Professional Science Editing for Scientists @ prosciediting.com