Berkery Noyes has released its Information Industry M&A trends report for the first quarter. The report is defined by Berkery Noyes as covering all Media and Marketing, Software, and Online and Mobile companies.
According to James Berkery, Chief Information Officer at Berkery Noyes, “there is a market need for software solutions that are capable of deconstructing large amounts of data from the Web. Connotate’s acquisition of Fetch Technologies, which will result in a merger between the two companies, is a good example of M&A with the goal of meeting demand for big data aggregation. Companies are recognizing the need to improve their analytics tools, and the aforementioned acquisition shows the desirability for improved and more structured data management.”
