Power surge promotes M&A hot spot
Article Abstract:
The information technology (IT) industry is experiencing record levels of acquisition activity. The number of major IT acquisitions increased by 26% in 1997 to a record high of 532, worth 12.1 billion pound sterling. Compaq's 1998 purchase of Digital Equipment for 5.8 billion pounds sterling is IT's biggest-ever acquisition, and represents a trend for diversification amongst the major players. The acquisition pattern looks set to continue due to factors including consumer demand for product compatibility and the drive to acquire service capabilities and to address skills shortages.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Record M&A in the technology sector
Article Abstract:
The value of worldwide merger and acquisition deals in the communications, information technology and media industries reached a record $488.8 billion in 1998, from $261.9 billion in 1997. There were 4,785 transactions, from 4,513 in 1997. In the telecommunications sector, most investment took place in wire-line and cable access operators. The number of deals in the electronics and hardware sector in Europe declined to 217, from 237, but values more than doubled to $25.1 billion.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Determination drives the deal: half-way through pan-European negotiations, a joint venture became a takeover
Article Abstract:
Kalamazoo was to acquire a substantial interest in the Datapoint Motor Trade business, which supplied computer solutions to motor dealerships, mostly Ford. Kalamazoo was offered a joint venture to hold 51% of the equity, with the possibility of purchasing the remainder in the future. Wragge & Co led an international team of law firms to structure the acquisition agreement and it was decided that a complete takeover of Datapoint would be the best way to make the deal work
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Governor quits in protest. Waiting in the wings
- Abstracts: Proposed transaction sparks bullish turn in Malaysian telecommunications sector. Malaysian phone firms forge alliances ahead of plan to consolidate industry
- Abstracts: Clothing and footwear in Belgium. Clothing and footwear in the Netherlands
- Abstracts: Asia's improving economies are luring private capital. China leads in Asian piracy. Cambodia's aid request may raise reform issues
- Abstracts: Car rental. Car rental in Germany