Match Made in Hell: 7 Worst Tech Mergers and Acquisitions

We're all waiting to see if pending buyouts by AT&T (T-Mobile) and Microsoft (Skype) will succeed or fail, but many a tech deal over the past decade has been an epic fail. Let's take a look back at the worst murders and executions, er, I mean mergers and acquisitions in tech.
  • 1 of 7

Sprint and Nextel

The Potential: In 2005, Sprint paid a whopping $36 billion for a majority stake in fellow telecom company Nextel to boost its user base and revenues and create a wireless powerhouse. At least that was the idea.

Why it Failed: Both companies thought they would be able to quickly merge customers and catch up to Verizon and AT&T. But cultural clashes and incompatible wireless technologies made that impossible. Nextel executives began leaving soonafter the merger. Throughout 2008 and 2009 there were billion dollar losses, thousands of layoffs and the company's stock plummeted.

Return to slideshow
Join the discussion
Be the first to comment on this article. Our Commenting Policies