Wednesday, May 16, 2012

Internet M&A Deals Down 55% Year-Over-Year, Thanks To Tech IPO Boom

Screen Shot 2012-05-16 at 12.10.53 PMFacebook's eight year history is famously speckled with a number of buyout offers from the likes of Yahoo, Google, and Microsoft. But each time, founder Mark Zuckerberg opted to keep his company independent -- against the advice of many. According to new data out of global accounting powerhouse PricewaterhouseCoopers (PwC), a number of web companies are opting to go the same route: Merger and acquisition (M&A) deals are taking a backseat at the moment, as more web companies are setting their sights on the possibility of an IPO.

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