The consumer electronics (CE) industry continues to undergo significant change and foster innovation despite a weak economic backdrop and lingering high unemployment. In 2012, the industry continued to attract a significant amount of capital, ranging from early-stage VC to private equity, and strategic merger and acquisition activity. A few sectors dominated the CE M&A landscape in 2012: audio technologies, mobile telecommunications and content, and home automation, as companies and investors poured capital into intellectual property-rich companies that offered technological differentiation or held valuable market share.   Indeed, the capital and merger activity in the CE...