M&A

  • Why Apple Bought Anobit

    Why Apple Bought Anobit

    Apple finally confirmed earlier reports that it bought Israeli semiconductor startup Anobit Technologies. Apple did not confirm the price, which is believed to be between $400 million and $500 million. Apple bought Anobit for two reasons: its flash memory controllers are a key component of all Apple’s leading products (from iPads and iPhones to MacBook Airs), and in one fell swoop it… Read More

  • Why So Many M&A Deals Fail

    Why So Many M&A Deals Fail

    While some M&A deals turn out to be great successes, it’s no surprise that a lot of mergers and acquisitions fail.  The obvious factors explaining the failures include culture clashes or founders leaving – taking the DNA with them in the process. But M&A is more art than science, and the reasons why so many deals fail to deliver on their 1+1=3 promise are complex.  Here… Read More

  • Government Greenlights Google’s AdMeld Deal

    Government Greenlights Google’s AdMeld Deal

    The Justice Dept. finally gave the greenlight today to Google’s proposed $400 million acquisition of AdMeld. The deal was announced in June, and the review took almost six months. The government will not impose any major restrictions on the deal, which is now free to close in the next few days. Read More

  • More Growth Equity, Please: Average Number Of Rounds Raised By Startups Up 27% Since 2008

    More Growth Equity, Please: Average Number Of Rounds Raised By Startups Up 27% Since 2008

    In today’s VC market, it’s age before beauty. This is according to a new study released today by Shareholder Representative Services (SRS), the company that represents shareholder interests during the post-closing process in mergers and acquisitions deals. In other words, SRS is an independent advocate for shareholders that offers communications, accounting, and dispute… Read More

  • Top 10 Greatest U.S. Digital Media M&A Deals Of All Time

    Top 10 Greatest U.S. Digital Media M&A Deals Of All Time

    Back in November 2006, I published the Top 10 Greatest Internet Digital Media M&A Deals of All Time.  It included eBay’s $1.5 billion acquisition of PayPal, Yahoo’s $1.6 billion acquisition of Overture, and Microsoft’s $400 million purchase of Hotmail back in 1998.  It also included News Corp’s $580 million acquisition of MySpace.  Don’t laugh.   The list… Read More

  • Tech M&A In Q2 Stays Flat At $26 Billion; Tech IPOs Make Up 40 Percent Of All IPO Value

    Tech M&A In Q2 Stays Flat At $26 Billion; Tech IPOs Make Up 40 Percent Of All IPO Value

    A new report put out today by PricewaterhouseCoopers lays out the tech M&A landscape. Technology deals totaled $26 billion in the second quarter of 2011, slightly down from the $26.6 billion worth of deals in the first quarter, but up 6.7 percent from the same quarter a year ago. These numbers include only deals closed in the quarter like Qualcomm’s $3.5 billion acquisition of… Read More

  • Not Just IPOs: The Surprising Increase of Big Liquidity through Buyouts (TCTV)

    Not Just IPOs: The Surprising Increase of Big Liquidity through Buyouts (TCTV)

    Around 2006 there was a sudden increase in so-called “partial liquidations,” where entrepreneurs could take some money off the table during a mid-stage funding round. Considered unheard of at the time, now they’re the norm for companies doing well. Then in 2009, we saw the rise of secondary markets, which allowed early stage investors and employees to take some money off… Read More

  • The Dark Side of the Late 2009 M&A Surge

    The Dark Side of the Late 2009 M&A Surge

    With the year—and decade—coming to a close, the business press has been awash with stories about just how lousy the ‘00s were. As Paul Krugman details in the New York Times, it was a decade with a tiny amount of job creation, and the first decade on record where private-sector jobs shrunk. The typical family got no economic boost at all. And when the volatility… Read More

  • Venture Exits Might Be Down, But Total M&A Activity Is Definitely Picking Up

    Venture Exits Might Be Down, But Total M&A Activity Is Definitely Picking Up

    The value of venture-backed exits (which is almost entirely M&A these days) might be down about 50 percent in the third quarter, but total M&A activity (including public companies) is seeing a noticeable uptick. We ran some numbers on Crunchbase, which keeps track of all announced acquisitions, and in the third quarter $31.8 billion worth of acquisitions were announced, double the… Read More

  • M&A Activity Heats Up In July To $9.6 Billion

    M&A Activity Heats Up In July To $9.6 Billion

    Whether it’s a sign of economic recovery or just investment bankers getting ready to take off the month of August, there’s been a lot acquisition activity lately. In the last week alone, IBM purchased SPSS for $1.2 billion, Amazon bought Zappos for $928 million, Sprint paid $483 million for Virgin Mobile, AdKnowledge paid $50 million for Super Rewards, and Yahoo picked up Xoopit… Read More