Facebook Goes PublicThis one is almost guaranteed to happen, as The Wall Street Journal reported earlier this week that the company is looking to raise $10 billion in early 2012, at a valuation of $100 billion. The social media giant will also likely be over the 500 individual investor mark by that time frame, and the Securities and Exchange Commission requires companies to file to go public once they have reached that number of investors.
Twitter Gets AcquiredTwitter has become the go-to destination to learn the zeitgeist of any given moment with people able to tweet 140 characters worth of whatever they feel like at any hour of the day, and the micro-blogging service could be approached by a number of different suitors, including the aforementioned Facebook. An interesting possibility is Google ( GOOG). The Internet search giant launched Google Plus, its own social media presence in 2011, but may still feel increasing pressure to spend some of its $39 billion in cash on an acquisition of Twitter, which was recently valued at $8 billion.
AT&T, T-Mobile Merger Goes ThroughAT&T ( T) announced the deal to acquire T-Mobile USA from parent Deutsche Telekom(DTEGY.PK) for $39 billion back in March 2011 but the transaction has run into regulatory resistance and its prospects for completion are dim. The thing is though the transaction was never going to pass muster in its initial form, as analysts and the media speculated all along. AT&T plans to record $4 billion charge related to a break-up fee in the fourth quarter but there's still a chance the acquisition could come to pass in 2012, albeit in a very different form. Some have speculated that AT&T and T-Mobile will share a network, or that AT&T sells some of its existing assets to Leap Wireless ( LEAP) in order to win regulatory approval.
An Apple TelevisionSteve Jobs revealed in his biography that he had "finally cracked" how to create an Apple television, something he had longed to do for years. There is increasing speculation that the company will come out with a television set, perhaps as early as next year. Piper Jaffray analyst Gene Munster recently made some comments that Apple could be planning to release multiple sizes of the television. CEO Tim Cook has overseen the launch of the Verizon ( VZ) iPhone and the iPhone 4S, but the iPhone originally launched under Jobs. An Apple-branded TV would be the first venture into a new product area with Cook at the helm.
Daily Deal Sites Go BustDaily deal sites such as Groupon ( GRPN), Living Social, Google Offers, Amazon Daily Deals, and a host of other sites gained traction in 2011. Groupon was the first to go public, raising $700 million in its initial public offering. The deal was met with some skepticism however as analysts wondered about slowing revenue growth at the company, and its "economic moat," which refers to its ability to stop others from entering the space. With a host of new daily deal sites popping up all the time, one of these major players could end up on the rocks.
Tax Repatriation Sparks Tech M&AAs the United States struggles to get the national deficit under control, there will be increased pressure from Washington to do a tax repatriation holiday. Many tech firms such as Apple, Microsoft, Google, etc. have significant amounts of cash overseas. Instead of using the cash to create jobs as Washington wants, tech companies are more likely to use the tax holiday to benefit shareholders and themselves. That could translate to some sizable tech mergers, and cloud computing companies may see heavy demand. Some names mentioned in the past have been Salesforce.com ( CRM), Red Hat ( RHT) and Citrix Systems ( CTXS).