Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

Wall Street Beat: Tech IPOs, M&A continues to heat up

Marc Ferranti | Sept. 30, 2013
A strong stock market fuels activity

As the stock market continues to bounce back from the recession, public ventures, for example, are more willing to pay higher multiples for acquisition targets, can use stock as currency and are also able to raise more cash, Jobalia said.

Of course, not all IPOs and M&A deals are successful. Some analysts have said that Microsoft's deal for Nokia is essentially doubling down on a losing bet against Apple's iPhone and devices based on Google Android OS. And, while Ring Central closed Friday at $18.20, after being priced at $13.00, Violin Memory closed at $7.02 after being priced at $9.00.

Based on current trends however, one or two IPOs that fail to meet expectations are not likely to slow down the market.

 

Previous Page  1  2 

Sign up for CIO Asia eNewsletters.