Another Record Year for Tech Mergers in 2006: Over $600 billion

Tech mergers worldwide  are closing in on another record year as the total value of announced tech and telecom deals (excluding debt) increased 4.9% to $611.89 billion in 2006, according to Dealogic, reports WSJ. Interestingly, AT&T has been at the top of the Tech M&A deals over the last three years.

However the number of M&A transactions in 2006 declined 2.9% to 5,526, on bigger deals, driven by private equity buy-outs. 

Top Tech Deals in 2006:

  • $66.67 billion: BellSouth announced sale to AT&T
  • $17.6 billion: Freescale Semiconductor bought by Blackstone-led group.
  • $13.44 billion: Lucent sale to France's Alcatel. 
  • $4.51 billion: Mercury Interactive bought by HP
  • $1.65 billion: YouTube bought by Google

2005: The total value of announced deals, excluding debt, targeting tech and telecom companies jumped 43% in 2005 to $552.2 billion, according to firm Dealogic, driven by high profile sales including AT&T ($16 billion), MCI, Siebel ($5.8 billion), and $11 billion takeover of SunGard by a private equity group led by Silver Lake Partners. 

2004: The value of announced deals targeting technology and telecommunications companies, excluding debt, jumped 75% in 2004 to $361 billion, according Dealogic, driven by sales of AT&T Wireless ($41 billion), PeopleSoft ($10.3 billion), and Sprint Nextel $36-billion merger. 

Check WSJ Tech Merger Meter 2006 for additional insights and 2007 Outlook.

Previous: « After-School Childcare Worries: Tough on 2.5M Working Parents, Costs Billion for Business - Study

Next : » LCD-TV Growth to Slow in 2007: 57% Rise to 62.5 million Units

  ABOUT    CONTACT Metrics 2.0 RSS Feeds RSS   Metrics 2.0 Widgets for your site or blog WIDGETS   ARCHIVES

Enter Email for Daily Feed Delivery: