TECH DEALS: 2011 hits and misses

Crowdsourcing, group buying and the $1.2 billion sale of MYOB make waves at home, while tech IPOs fail to deliver on Wall Street.

It’s been an interesting year for technology M&A and while the deal numbers may not have set the world on fire, there is plenty of evidence that the stars are aligning for 2012 to be a blockbuster year. The sector hasn’t been immune from the subdued M&A sentiment in 2011, with overall deal activity relatively flat globally but as a recent report  by Ernst & Young LLP's Transaction Advisory Services points out, it’s likely to be a different story next year as the growing demands of today’s digital consumer will spur significant strategic activity among technology companies and PE firms.

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