Disruptive Power of Tech Spawns Buyouts, Spin-Offs

Disruptive Power of Tech Spawns Buyouts, Spin-Offs

Big MoneyBig Money

There were 64 IT industry deals worth more than $30 billion, combined, in the third quarter, compared with 70 deals worth $27.7 billion in the prior quarter.

Sector Breakdown: IT ServicesSector Breakdown: IT Services

The IT services sector saw nine deals worth $8 billion, combined, in the latest quarter, compared with 10 deals worth $2.9 billion in the second quarter.

Sector Breakdown: HardwareSector Breakdown: Hardware

There were 15 deals in the hardware sector worth $6.9 billion, combined, in the latest quarter, compared with 13 deals worth $10.2 billion in the second quarter of 2014.

Sector Breakdown: SemiconductorSector Breakdown: Semiconductor

The semiconductor sector saw seven deals worth $5.6 billion, combined, last quarter, compared with seven deals worth $7.9 billion in the second quarter of 2014.

Sector Breakdown: InternetSector Breakdown: Internet

There were 13 deals in the Internet sector worth $5.1 billion, combined, in the latest quarter, compared with 18 deals worth $2.6 billion in the second quarter.

Sector Breakdown: SoftwareSector Breakdown: Software

The software sector saw 20 deals worth $4.5 billion, combined, last quarter, compared with 22 deals worth $4.2 billion in the second quarter.

Top Deals of the Latest Quarter: Leisurely PursuitTop Deals of the Latest Quarter: Leisurely Pursuit

Oracle acquired Micros Systems, an enterprise applications solutions provider for the food and beverage, hotel and retail industries, for $5.3 billion.

Top Deals of the Latest Quarter: Hip-Hop HoorayTop Deals of the Latest Quarter: Hip-Hop Hooray

Apple bought Beats Electronics, an audio products company founded by rapper Dr. Dre, for $3 billion.

Top Deals of the Latest Quarter: Appealing MenuTop Deals of the Latest Quarter: Appealing Menu

Priceline purchased Open Table, an online restaurant reservation company, for $2.6 billion.

Top Deals of the Latest Quarter: Powering UpTop Deals of the Latest Quarter: Powering Up

Analog Devices acquired Hittite Microwave, a designer and manufacturer of electronic components, for $2.4 billion.

Top Deals of the Latest Quarter: Virtually RichTop Deals of the Latest Quarter: Virtually Rich

Facebook bought Oculus VR, a virtual reality technology developer, for $2.3 billion.

Tech Giants Doing SplitsTech Giants Doing Splits

Late in the quarter, heavyweights—such as HP and Symantec—revealed plans to split their enterprises in two. Their goal is to determine “how to best compete in a future that necessitates agility alongside innovation,” the report stated.

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