The report below provides a good overview of the 3rd Quarter M&A activity in the Technology, Media and Telecom Industry Sector. M&A activity for North American based target companies in the Technology, Media and Telecom Industry sector for Q2 2017 included 296 closed deals, according to data published by industry data tracker FactSet. The average purchase price was $167 million.
Social media continues to be a major force in media as users all over the world flock online and away from cable. Below is a graph illustrating the user count for the largest social media networks in the world.
- Total US revenue for software publishers rose 5.1% in the first quarter of 2017 compared to the previous year.
- Total US revenue for computer systems design and related services rose 3.1% in the first quarter of 2017 compared to the previous year.
Posted by Dan Vermeire.
Read the Entire Technology, Media & Telecom 3rd Quarter Newsletter Here