2013 Global Tech, Media, And Telecom M&A Up Over 50% From 2012, article in Forbes

January 20, 2014
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by Peter High, published on Forbes.com

01-20-2014

If it seems like M&A activity in the technology, media, and telecommunications (TMT) sectors has been reaching a fever pitch, the data backs up the hypothesis. Mergermarket has released a 2013 Global M&A roundup report for the sector, and the conclusions are interesting:

  • In 2013 global TMT M&A activity totalled $510.3 billion, an increase of 54.1% above last year ($ 331.1 billion). This was the highest annual value since 2006 ($603.8 billion) as a result of 14 mega-deals (above $5 billion), the highest number since the 21 mega-transactions in 2007.
  • A 45% stake in Verizon Wireless sold for $124.1 billion to Vodafone was the highest valued transaction in 2013 and represents almost a quarter (24.3%) of total TMT M&A and 5.6% of global M&A ($2,216.4 billion). Without this deal, TMT activity would have been valued at $386.2 billion, still 16.6% up compared to 2012.
  • M&A activity increased in all sub-sectors and was particularly strong on the Telecommunications market ($251.9 billion), which was 104.7% up this year. However the increase would be only 3.8% without $124.1 billion Verizon Wireless deal, representing 49.3% of Telecommunications M&A.
  • In technology, the biggest deal of 2013 came in February when Dell entered into a $20.2 billion agreement to be acquired by private equity firm Silver Lake Partners and Dell CEO Michael Dell.
  • The average deal size for global TMT deals in 2013 was $443.2 million, up from $301.5 million in 2012 and represented the second year to see an increased average deal size. It was the highest average deal size for global TMT deals on Mergermarket record.

To read the full article, please visit Forbes.com

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