These deals do happen all the time, but you don't hear about most of them because they're not in the sexy (resisting urge to say bottom joke) Web 2.0/social net

These deals do happen all the time, but you don't hear about most of them because they're not in the sexy (resisting urge to say bottom joke) Web 2.0/social networking space. Instead, they tend to happen in more boring (but profitable) areas like accounting or security software. This site (a boutique broker specializing in software acquisitions) has a list of recent M&A deals along those lines: http://corumgroup.com/CorumTransactions.asp http://corumgroup.com/CorumTransactions.asp