Hoover’s, Inc., released the latest edition of its Hoover’s Index—a free, proprietary monthly index of leading public and private companies, non-profits, and associations, that contribute significantly to the U.S. and international economies.
Tim Walker, Hoover’s industry expert, said the latest Index could also be dubbed the Mergers, Acquisitions and IP
Report.
“The sluggish economy is certainly not slowing down the biggest movers on this latest list, which run the gamut from digital mapping and cosmetics to high tech measurement equipment and beer,” Walker said in a statement.
Among the tech-space companies listed were:
NAVTEQ (News - Alert) Corporation (Index #507)
NAVTEQ applied a time-tested strategy to be included in Hoover’s Index: it arranged to be purchased by a household-name company (Nokia) for a significant sum ($8.1 billion).
Tektronix (News - Alert), Inc. (Index #290)
Like NAVTEQ, Tektronix (which manufactures electronic instruments and network test equipment) arranged to be purchased, in this case by Danaher (News - Alert) for $2.5 billion.
Hoover’s selects companies for its Index based on online search volume associated with each company. This information is compiled using a proprietary algorithm that analyzes more than a billion data points, including search trends on Hoover’s Web site and on major search engine sites. A Hoover’s Index of 406 means that search volume for that company was 4.06 times higher than average.
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Calvin Azuri is a contributing editor for TMCnet.
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