Value Of Tech M&A Deals Up 22 Percent In Q3 2011 To $56.4 Billion

M&A activity in the technology sector continues to grow in terms of value. According to an Ernst & Young report released today, big acquisitions drove the aggregate value of global technology M&A to $56.5 billion in the third quarter of 2011, up 22 percent from a year ago, and up 8 percent from last quarter. The report says that aggregate deal value (of deals with disclosed value) was the highest total value for any calendar quarter since 2007, before the global downturn. In particular, deals involving smart mobility and business analytics came on strong in the quarter, driving two deals each with values above $10 billion, the first time two deals of that size occurred in the same quarter since the first quarter of 2010.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/vLvauFGVvCk/

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