1st Half 2010 Key Highlights
First Posted: 07/7/10 05:10 PM ET | Updated: 07/29/10 10:27 AM ET
The largest transaction for 1st Half 2010 was Visa, Inc.’s pending acquisition of CyberSource Corporation for $1.84 billion.
Of the top 10 largest transactions by value, five occured within the E-Commerce segment.
Strategic acquisitions represented 88 percent of the total volume and 85 percent of the total value for 1st Half 2010.
1st Half 2010 Key Trends
Total transaction volume increased by 31 percent from 383 in 2nd Half 2009 to 499 in 1st Half 2010.
The segment with the largest increase in value was SaaS/ASP with a 79 percent increase from $1.95 billion in 2nd Half 2009 to $3.49 billion in 1st Half 2010.
The segment with the largest increase in volume was E-Marketing & Search with a 47 percent increase from 83 transactions in 2nd Half 2009 to 122 transactions in 1st Half 2010.
The segment with the largest decrease in value in 1st Half 2010 over 2nd Half 2009 was E-Content with a 60 percent decrease from $2.06 billion in 2nd Half 2009 to $850 million in 1st Half 2010.
M&A Market Overview
Berkery Noyes tracked 1891 transactions between 2008 and 2010, of which 600 disclosed financial terms, and calculated the aggregate transaction value to be $51.49 billion. Based on known transaction values, we project values of the 1291 undisclosed transactions to be $16.41 billion, totalling $67.90 billion worth of transactions tracked over the past 30 months.
The largest transaction tracked by Berkery Noyes between 2008 and 2010 was Cisco Systems, Inc. who acquired Starent Networks for $2.56 billion.
The most active buyer by volume in the past 30 months was Google, Inc., with 20 purchases, half of which occured within the last half-year period.