Facts and figures Facebook's price per share for its initial public offering is US$38, which means it will raise about $16 billion from the offering.
What will Facebook spend the money on? With billions on hand, Facebook has plenty of M&A options. Recent acquisitions, however, suggest the company will look to extend its mobile technology capabilities or audience -- or both.
The $1 billion Instagram acquisition in April is the obvious indicator of Facebook's desire to grab a wider wireless audience through the mobile photo-sharing app's base of more than 30 million users on the iPhone and Android.
Facebook, however, bought another mobile startup in April, TagTile, a mobile loyalty and rewards startup, based in San Francisco. The buy-out was quite different from Instagram -- TagTile offers retailers a hardware reader that can earn customers points when they tap their iPhone against it -- but shows the breadth of Facebook's mobile ambitions.
In fact, CEO Mark Zuckerberg said during the company's recent IPO roadshow that his top priority is to improve Facebook's mobile applications, according to MSN. The company has been regularly updating its own apps for better smartphone functionality but that doesn't preclude another buy to add software talent.
Light Reading Mobile has already identified Pinterest, WhatsApp, Mocospace, Evernote Corp. and Square Inc. as five of the hottest mobile acquisition targets around. Any one of these companies would give Facebook millions of additional users.
A Facebook phone? Of course, it has been widely rumored that Facebook is working on its own smartphone, a venture that could definitely burn some cash. The latest gossip centers around Facebook collaborating with High Tech Computer Corp. (HTC) (Taiwan: 2498) on a new branded phone. These days, though, users would be hard pressed to find a smartphone that didn't provide easy access to Facebook.
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— Dan Jones, Site Editor, Light Reading Mobile