Monday 16 May 2011

Technology mergers & acquisitions get off to a strong start in the first quarter of 2011

Driven by trends like cloud computing, software as a service (SaaS), social networking, mobile communications and information security, global technology mergers & acquisitions (M&A) deals grew during the first quarter of 2011 both in the number of M&A deals — up 26% (to 794) — and in total value — up 124% (to US$27b) when compared to the same period last year, according to Ernst & Young’s quarterly report, Global technology M&A update, January – March 2011. Companies transacted a larger number of smaller, strategically focused deals in 1Q11, continuing a trend that began last year.

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Technology mergers & acquisitions get off to a strong start in the first quarter of 2011