With the US election just a week away, the conversation around the office has turned to what impact a second Obama term or a Romney presidency, and a new Congress, could have on software M&A. While the election's outcome will certainly affect the long-term fortunes of tech M&A, some of the most crucial issues may be resolved before the victors are even sworn in. Thats because back in August the President and Republicans agreed to a bipartisan debt deal that promises drastic spending cuts and an across-the-board tax increase on January 1, 2013, a full 20 days before the presidential inauguration. Pundits and politicians alike have dubbed the January 1 deadline the fiscal cliff, and there seems to be universal agreement that, if allowed to pass, economic calamity will ensue. This will happen, unless the current Congress and White House go back to the bargaining table and alter the deal before January 1. Depending on the results, I have a couple thoughts on how the election will re-shape that bargaining process.
For a complete Corum analysis of the short- and long-term implications of the political winners and losers on tech M&A, tune into our November webinar, just two days after America votes, for our post-election coverage.