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As Big Tech Buys Up, PE Scrambles For Good Cloud Deals

By Liz Hoffman (August 28, 2012, 8:08 PM EDT) -- IBM Corp.'s $1.3 billion acquisition of software-as-a-service company Kenexa Corp. is the latest sign that technology firms, flush with cash, are willing to pay whatever it takes to land valuable patents, people and technology. But as strategic players bid up the price of cloud computing, they are squeezing private equity shops looking to snag an undervalued up-and-comer, experts say....

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