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2003 Top Ten: Mergers & Acquisitions: Page 3 of 6

No. 4 Veritas Picks Up Precise

Was this really a 2003 acquisition? It seems like it happened so long ago. That’s because it took more than two years for Veritas to close the $609 million deal to purchase Precise Software. Now Veritas may live to regret it, after admittedly disappointing sales of the application performance management company's product last quarter.

No. 5 Emulex Drops Cash for Vixel

Emulex Corp. (NYSE: ELX) paid $310 million in cash in hopes that Vixel Corp.'s embedded Fibre Channel switches would complement its host bus adapters (HBAs). Vixel had been losing about $2.5 million per quarter, but its revenues were growing impressively and it had a strong roster of OEMs.

No. 6 NetApp Annexes Spinnaker