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Archive for the ‘Technology/Media’ Category

Q3 Technology, Media & Telecom M&A Industry Report

By Catherine Patience | Oct 24, 2014

ITIPG-BinaryM&A activity for North American based target companies in the Technology, Media and Telecom sector for Q2 2014 included 750 closed deals, according to data provided by S&P Capital IQ. Industry insiders believe M&A activity in the sector for the remainder of 2014 will continue to increase, according to a survey released June 5 by international law firm Morrison & Foerster LLP and tech research firm 451 Research LLC. The report polled 157 C-level and business development executives, general counsel, as well as VC and private equity figures in the Technology, Media and Telecom. Approximately 72 percent of respondents, polled in mid-April, said they planned shift focus toward M&A activity through the end of the year, up from 50 percent last November.  Cash on the balance sheet for strategics and good financing conditions for LBO transactions in addition to a desire for growth through acquiring new technologies were cited as factors that should  M&A. Only 4 percent of those polled expect activity to decrease, the report said.

Read the Entire Technology, Media and Telecom 3rd Quarter Newsletter Here

 


Q2 Technology, Media, Telecom M&A Update

By Kim Levin | Jun 27, 2014

Circuit Board and FilamentsM&A activity in the Technology, Media & Telecom sector for North American based target companies in Q1 2014 included 675 closed deals according to data provided by S&P Capital IQ. The average deal value was $119 million with strong average revenue multiples at 2.92. According to MergerMarket, an industry data source, Q1 2014 was the third quarter during the last twelve months to see TMT M&A exceed the value of the Energy, Mining & Utilities sector. Telecom has been the best-performing industry among the S&P 500 over the past year and the Media & Technology industries performed above average during the global downturn in 2008. As the economy improves, M&A activity in the space has continued to heat up.

Read the Entire Technology, Media and Telecom 2nd Quarter Newsletter Here


Technology, Media and Telecom Q1 M&A Update

By Kim Levin | Apr 18, 2014

ITIPG-Inside a ComputerM&A activity in the North American Media and Telecom sector for Q4 2013 through February 14, 2014 included 334 deals announced or closed according to data provided by S&P Capital IQ.  According to a report from international consulting firm PriceWaterhouseCoopers, the advertising and marketing, communications (telecom), and broadcasting subsectors were the big drivers of deal value in 2013 and the activity will likely continue in 2014 as large strategics look to consolidation for growth. Broadcasting deal value increased by $20.5 billion, from $5.8 billion in 2012 to $26.3 billion in 2013. Recently, deal value in the telecom and communications space has been dominated by large transactions, including Softbank’s $20.1 billion acquisition of Sprint Nextel in 2012. As the use of mobile devices and the appetite for big data continues to grow, this space should be as active as any for the foreseeable future.

Read the Entire Technology, Media and Telecom 1st Quarter Newsletter Here


Technology, Media and Telecom Q4 M&A Update

By Catherine Patience | Feb 07, 2014

TechnologyM&A activity in the North American Information Technology, Media, and Telecom sector for Q3 2013 was up nearly 200% from last year, with 740 deals announced or closed in the period according to data provided by S&P Capital IQ. Although deal count pared 6% year-over-year, aggregate transactional values were on track to reach levels not seen since 2007. The Telecommunications sector continued to see the biggest deals with Vodafone’s $58.9 billion purchase of Verizon Wireless. Media companies paid higher values for acquisitions with an average deals size of $819.3 million compared to $139.7 million by the Technology companies.

Read the Entire Technology, Media and Telecom 4th Quarter Newsletter Here


Technology M&A Update

By Kim Levin | Nov 15, 2013

BinaryAccording to a report from global consulting firm PwC, closed software transactions in the second quarter declined over the previous quarter as well as year-over-year. However, an uptick in announced and rumored deals points to a rise in M&A activity for the remainder of the year. Private equity buyers took a more active role in software M&A with deals announced across the spectrum of deal size, including some of the largest transactions announced so far this year.

Read the Entire Technology 3rd Quarter Newsletter Here