A few months after the $13.7 billion Amazon/Whole Foods purchase, it’s looking like Amazon versus everybody else.
The big theme in tech this year was consolidation — not in terms of mergers and acquisitions, but in the big companies extending their reach and trying to conquer new markets.
The most important deal of the year, though, was Amazon’s $13.7 billion acquisition of Whole Foods.
In one swoop, Amazon totally disrupted groceries, retail delivery, and even the enterprise IT market.
Next year will be all about Everyone versus Amazon.
The tech industry loves to talk about small, nimble startups.
In reality though, the tech gameplan today is all about bulking up, and getting as big as possible.
Mega-mergers, such as Broadcom’s pending $105 billion acquisition of Qualcomm and Dell’s $67 billion purchase of EMC in 2016, underscore the industry’s never-ending frenzy to consolidate.
And in 2017, the tech giants sought to project their power even further.
Tech: The $13.7 billion Whole Foods buy has turned the whole world against Amazon — and we’ll see the sparks fly next year (AMZN)
