Tech M&A Deal Value Nearly Doubles in Q2

Tech deals

1 - Tech M&A Deal Value Nearly Doubles in Q2Tech M&A Deal Value Nearly Doubles in Q2

The internet, IT services and software sectors took the lead in M&A deals for the second quarter, but overall there were more than a dozen deals exceeding $1 billion.

2 - Upward TrendUpward Trend

There were 414 (both disclosed and undisclosed) tech industry M&A deals in the second quarter, totaling $82.9 billion in value (for disclosed deals only), up from 380 deals in the first quarter, totaling $42.1 billion in value.

3 - Industry Sectors: InternetIndustry Sectors: Internet

There were 76 (undisclosed and disclosed) internet M&A deals worth $32 billion (disclosed only) in the second quarter of this year, compared with 59 deals worth $1.9 billion in the first quarter.

4 - Industry Sectors: IT ServicesIndustry Sectors: IT Services

There were 111 IT services M&A deals worth about $19.7 billion in the second quarter, compared with 105 transactions worth $17.3 billion in the first quarter.

5 - Industry Sectors: SoftwareIndustry Sectors: Software

There were 170 software sector deals last year worth nearly $14.2 billion in the second quarter, compared with 174 deals worth $7.1 billion in the first quarter.

6 - Industry Sectors: HardwareIndustry Sectors: Hardware

The hardware sector saw 36 M&A transactions totaling just over $8.5 billion in the second quarter, compared with 26 M&A deals worth $8.2 billion in the first quarter.

7 - Industry Sectors: SemiconductorIndustry Sectors: Semiconductor

The semiconductor industry saw 21 M&A deals worth nearly $8.5 billion in the second quarter, up from to 16 deals worth $7.6 billion in the first quarter.

8 - Top Deal of 2016: LinkedInTop Deal of 2016: LinkedIn

Microsoft’s planned acquisition of LinkedIn, valued at $26.6 billion, topped the list of tech M&As in the second quarter.

9 - Quintiles Transnational and IMS HealthQuintiles Transnational and IMS Health

Quintiles, a contract medical research provider, and IMS, a health care information company, have agreed to merge. The deal is valued at $8.9 billion.

10 - HPE's Enterprise Services UnitHPE’s Enterprise Services Unit

Hewlett Packard Enterprise announced that it was spinning off its enterprise services business into Computer Sciences Corp. The deal is valued $8.5 billion.

11 - Blue Coat Systems  Blue Coat Systems  

Late in the second quarter, computer security company Symantec agreed to acquire cyber-defense specialist Blue Coat for $4.7 billion.

12 - Integrated Device TechnologyIntegrated Device Technology

Also announced in the second quarter, a group of Chinese investors is buying IDT, a mixed-signal semiconductor manufacturer, for $4.2 billion.

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