Global Technology M&A Deal Value Already Surpasses 2005 Total by $20 Billion, Innovation Advisors Reports.Data Reflect Return of Tech Sector to Most Active Year Since 2000 NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Mergers-and-acquisitions activity in the global technology sector already has eclipsed the total deal value for all of 2005 by $20 billion, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an Innovation Advisors study released today. The investment banking firm serving middle-market technology companies projects that 2006 will be the most active year for technology M&A since the golden days of 2000 - before the dot.com bust. "The robust M&A activity is indicative that the technology sector is back with a vengeance with great violence; as, to strike with a vengeance s>. - Hudibras. with even greater intensity; as, to return one's insult with a vengeance s>. See also: Vengeance Vengeance and with strong financial backing," said Doug Brockway, a managing director at Innovation Advisors. "Drivers of this phenomenon include companies demanding complete technology solutions and global reach from their technology vendors, the global nature of technology development and delivery, and the continued success of Internet-driven business models." The Innovation Advisors study found: * Technology M&A dollars reached $186.3 billion through three quarters, surpassing the 2005 total of $164.6 billion * With a projected $248.4 billion total investment in close to 4,000 technology deals, 2006 would be the most active year for technology M&A activity since 2000 * The total percentage of U.S.-based companies participating in M&A activity continues to decline to 53.9 percent year-to-date Year-to-date (YTD) The period beginning at the start of the calendar year up to the current date. from 57.9 percent last year "The last statistic statistic, n a value or number that describes a series of quantitative observations or measures; a value calculated from a sample. statistic a numerical value calculated from a number of observations in order to summarize them. is particularly interesting because it shows the increased influence of international buyers," Brockway said. "Other regions of the world - both buyers and sellers - have been much more active on the M&A front than historically. We believe that technology ingenuity will continue to disperse disperse /dis·perse/ (dis-pers´) to scatter the component parts, as of a tumor or the fine particles in a colloid system; also, the particles so dispersed. dis·perse v. 1. itself beyond just the shores of the U.S." Innovation Advisors was founded in 2001 to fill a void in investment banking services for middle-market technology companies. As global commercial banks acquired the leading emerging growth-focused investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. , larger minimum deal sizes and fees soon followed, resulting in a lack of high-quality investment banking service providers focused on mid-sized technology deals. Innovation Advisors closed transactions valued in excess of $360 million for 2005 with an average deal size of over $36 million. About Innovation Advisors Innovation Advisors provides investment banking services to middle-market technology companies. The firm was built by a seasoned team of executives, averaging more than 20 years of experience, combining extensive technology operating knowledge with broad Wall Street expertise. It provides strategic advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , technology-focused M&A and strategic development, and private capital-raising services. Innovation Advisors serves clients from offices in Boston, Chicago, and New York. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion