Sign up to receive 5 free days of our daily summary for tech news.

Bankers Eye Tech M&A Candidates

Techland M&A is hot, even though the megadeal storm sweeping corporate America may not last forever. (See related story.) As deals continue apace, analysts and arbitrageurs alike want to know which companies are up for grabs.

The Information’s first M&A “watch list” included cloud computing and ad-tech companies, which have products and services that older tech companies need. Those stocks have largely bounced back from this spring’s market rout, making them pricier to acquire.

Goldman Sachs has a watch list of its own: a basket of stocks that it calls the Goldman Sachs Strategic M&A Candidate Basket. (GSRHACQN for those of you who have a Bloomberg terminal.) This list of more than 130 stocks includes several tech companies, including one that we identified in May, Bazaarvoice.

Here are four public companies that, according to the bank’s calculations, have a 30% to 50% chance of being acquired. Some have strong revenue growth and low price-to-sales ratios, an attractive combination for potential buyers. Others are companies with good products that have stumbled.

No subscription? You're missing out.

Join the high-powered community of tech and business leaders who rely on The Information's original news and in-depth reporting.

Activist investors including Praesidium Investment Management have been pushing the company to sell itself to a big, strategic acquirer that could use Tibco’s suite of cloud-based business software, mobile and big data analytics products. Goldman notes that the company disappointed Wall Street last quarter because of internal issues, but that there's still demand for Tibco's analytics software.

Login or Subscribe to follow the discussions happening here and real-time in our   Slack Community.
Read comments from top tech and industry leaders
Joe Lonsdale
Joe Lonsdale
Founding Partner, Eight
Chamath Palihapitiya
Chamath Palihapitiya
Founder & Managing Partner, SocialCapital
Tina Sharkey
Tina Sharkey
CEO, Brandless
Jonah Peretti
Jonah Peretti
CEO, Buzzfeed
Adam D'Angelo
Adam D'Angelo
CEO, Quora
Brit Morin
Brit Morin
Founder & CEO, Brit + CO
Dustin Moskovitz
Dustin Moskovitz
Co-Founder, Asana
Christina Miller
Christina Miller
President & General Manager, Turner
Max Levchin
Max Levchin
CEO, Affirm
Adam Mosseri
Adam Mosseri
Director of Product, Facebook
Alex Mather
Alex Mather
The Athletic
Martha Josephson
Martha Josephson
Partner, Egon Zehnder
James Murdoch
James Murdoch
Co-Chief Operating Officer, 21st Century Fox
Andrew Kortina
Andrew Kortina
Founder, Venmo
Ben Chestnut
Ben Chestnut
Co-Founder & CEO, Mailchimp
Ruchi Sanghvi
Ruchi Sanghvi
VP Operations, Dropbox