A report by PricewaterhouseCoopers regarding acquisitions by technology firms in Q2 of 2012 reaffirms a trend seen last year – technology firms are making lesser acquisitions, of greater size. Thus Technology Acquisitions are continuing to grow in size (by value), but reduce in numbers.
The number of technology deals in the second quarter decreased 35 percent, while total spending increased 19 percent compared to the same period last year, the report said.
via a Bloomberg note on the Q2 report, which is found here.
Another Bloomberg article on the 2011 report can be found here.
Technology companies spent $125 billion in deals in 2011, up 17 percent from the $107 billion spent in 2010. There were 308 deals in 2011, a drop of 21 percent from the prior year.
- Tech Companies Spend More on Fewer Acquisitions – Bloomberg (go.bloomberg.com)
- Tech M&A Volume Slows In Q2 As Big Deals Take Center Stage (techcrunch.com)
- Tech M&A deals slow, but report predicts upsurge based on $1.1 trillion corporate cash pile (geekwire.com)