Law Office of Richard Kuslan LLC

Americans tend to be optimistic, even in tough times, but even so 2011 appears to be the year in which technology companies will really move ahead.  Expense reductions have pared the books of the survivors and, as quoted here, Kevin Sellers, Intel’s vice president of investor relations, says: “Now, things are looking better and they’re spending.” 

Those who have or can find their niche and price their products reasonably may find they are now getting calls back from corporate Purchasing Departments.  From my discussions, it's my general sense that the money is out there, but people are still hanging on to their cash out of a lingering concern.  The thaw in tech may be gradual, but it is proceeding to warm up.

Indeed, tech IPOs, once frozen territory, has warmed up over the past few months, as we see here.  Many of these are Chinese firms, the IPOs of which I've discussed at AsiaBizBlog, here (regarding reverse mergers, a phenomenon we see less of nowadays) and here (in the Chinese context).

Although unemployment remains high and private sector wages have stagnated, this general trend among the larger tech makers and developers bodes well for the smaller firms, some of whom I represent, and it may be expected that 2011 will likely see their business pick up.