2014-04-09 Facebook, Citrix Deals Boost Mergers and Acquisitions Market

Transaction volume for mergers and acquisitions (M&A) in the software industry declined 4 percent on a quarter-to-quarter basis, though this represented a 14-percent increase compared to the first quarter of 2013, according to midmarket investment bank Berkery Noyes. “Many acquirers are looking for the ability to manage enterprise platforms across public, private and hybrid cloud environments,” James Berkery, chief information officer at Berkery Noyes, said in a statement.