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United States : Technology M&A deal value slows in Q2
Publish Date : 17-Aug-2012
Global economic uncertainties may have caught up with the technology industry, which saw the deal value of mergers and acquisitions (M&A) fall 43 per cent to US$33.4 billion in Q2 2012 from US$58.3 billion a year ago.
Ernst & Young\'s report \"Global technology M&A update: April-June 2012\" revealed the figures on Thursday.
The report said that the technology sector had outpaced deal value for all industries in the first quarter of 2012, but fell behind in the second quarter. The value of all disclosed-value deals in Q2 increased 33 per cent from US$25.1 billion in Q1, but the first quarter is historically the lowest-value quarter for technology deals, the report said.
The volume of technology M&A deals in Q2 held steady (728 in 2Q12, compared to 729 in 2Q11), reflecting the ongoing effect of five disruptive technology megatrends: smart mobility, cloud computing, social networking, big data and cross-industry blur, said the report.
