1. In each of the following instances, discuss whether horizontal or vertical boundaries have been changed, and whether they were extended or shrunk.

(A) Conglomerate, General Electric, divested its subsidiary, NBC Universal, to be merged with cable TV provider, Comcast.

(B) Hewlett-Packard said it is exploring a spinoff of its PC business and has bid $10.25 billion to acquire software maker Autonomy.

(C) HTC Corporation, a global designer of mobile phones and devices, announced the acquisition of all outstanding shares of S3 Graphics Co., Ltd. ("S3 Graphics") for an aggregate consideration of US$300 million, payable in cash. The acquisition strengthens HTC's technology leadership and extends its IP portfolio with the addition of 235 patents and the pending applications, including those related to graphics visualization technologies.