{"id":434154,"date":"2011-06-01T16:30:23","date_gmt":"2011-06-01T16:30:23","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/"},"modified":"2011-06-01T16:30:23","modified_gmt":"2011-06-01T16:30:23","slug":"technology-ma-deals-reach-27b-in-first-quarter-2011","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/","title":{"rendered":"Technology M&#038;A deals reach $27b in first quarter 2011"},"content":{"rendered":"<div readability=\"138.452156777\">\n<p>You Are Here: <a href=\"http:\/\/www.ghanabusinessnews.com\">Home<\/a> \u00bb <a href=\"http:\/\/www.ghanabusinessnews.com\/category\/ict\/\" title=\"View all posts in ICT\" rel=\"category tag\">ICT<\/a> \u00bb Technology M&#038;A deals reach $27b in first quarter 2011<\/p>\n<div>\n<p><span>Page last updated at Wednesday, June 1, 2011 16:16 PM \/\/ <\/span><\/div>\n<p><a href=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/06\/internet-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-13824\" title=\"internet-2\" src=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/06\/internet-2.jpg\" alt=\"\" width=\"248\" height=\"210\" \/><\/a>Global technology mergers &#038; acquisitions (M&#038;A) deals grew during the first quarter of 2011 both in number of deals which was 794 and in total value of $27 billion, according to Ernst &#038; Young (E&#038;Y).<\/p>\n<p>According to E&#038;Y, the M&#038;A in the quarter were driven by trends in the technological industry such as smart mobility, cloud computing, social networking, mobile communications and information security as well as internet video drive deals for growth and innovation.<\/p>\n<p>\u201cGlobal technology mergers &#038; acquisitions (M&#038;A) deals grew during the first quarter of 2011 both in the number of M&#038;A deals \u2014 up 26% (to 794) \u2014 and in total value \u2014 up 124% (to $27 billion) when compared to the same period last year\u201d E&#038;Y\u2019s global technology M&#038;A quarterly report show.<\/p>\n<p>Indeed, non-technology companies purchased 15% of the quarter\u2019s total value in disclosed-value deals, demonstrating that information technology increasingly is blurring into other industries, says Joe Steger, Global Technology Transaction Advisory Services Leader at Ernst &#038; Young.<\/p>\n<p>According to Steger, companies continued the trend of making multiple small acquisitions and weaving them together to address strategic business initiatives of which internet companies acquire multiple social networking companies, and among software as service companies.<\/p>\n<p>EY indicates that the rise of \u201cdeal-a-day\u201d e-commerce companies was reflected in a series of consolidation transactions among small and regional competitors and by geographic expansion deals done by larger competitors.<\/p>\n<p>\u201cOverall, this pattern enables buyers to maintain their competitiveness or extend their strategies in the face of rapid technology innovation, while at the same time capitalizing on current and evolving trends. However, given the rapid pace and competitive nature of these deals, it still demands rigorous deal valuation, structuring, due diligence and integration,\u201d Steger says.<\/p>\n<p>Cloud computing including telephone and cable network, E&#038;Y said was the main driver behind dozens of deals in the quarter, including several of the largest by dollar value.<\/p>\n<p>\u201cTelephone and cable network operators acquired services companies with large data centers to build up their ability to provide cloud services\u2026two deals involving acquisitions of storage systems suitable for use in cloud computing data centers made the list of the quarter\u2019s top 10 deals by dollar value.\u201d<\/p>\n<p>The top 10 deals also included three semiconductor deals that brought together makers of communications chips for mobile phone technologies (i.e., 3G and 4G\/LTE chips) and chip makers that produce devices for WiFi, WiMax, Bluetooth, GPS and other wireless communications technologies, said E&#038;Y, adding there were at least half a dozen similar deals among the quarter\u2019s smaller transactions.<\/p>\n<p>The quarter also recorded multiple deals in which mobile device manufacturers purchased content and services providers, thus pushing into traditionally non-technology industries.<\/p>\n<p>The Group emphasized that these acquisitions are focused on the concept of building information \u201cecosystems\u201d leveraging a single operating system around each company\u2019s smartphones, tablets and other mobile devices.<\/p>\n<p>Cross-border deals also contributed to the growth in the quarter.<\/p>\n<p>E&#038;Y said, \u201cFollowing a 2010 surge in cross-border deals, 2011 first quarter maintained the post-surge level: cross-border deals accounted for 34% of all the quarter\u2019s deals, compared with 34% for all of 2010 and 31% for 2009.\u201d<\/p>\n<p>At $11 billion, the value of the quarter\u2019s cross-border deals accounted for 40% of the quarter\u2019s total value, compared with 41% for all of 2010 and 25% in 2009, it indicated.<\/p>\n<p>According to E&#038;Y, technology is increasingly influencing the development of the entire global economy through new waves of innovation around smart mobility, cloud computing and social networking \u2014 all of which are evident in the increasing cross-industry blur and the increasing value of information technology as a component of all products and services.<\/p>\n<p>In aggregate, the cash and investments held by the sector\u2019s top 25 companies, which topped the half-trillion-dollar mark by the end of 2010, grew to $544 billion by the end of 2011 first quarter, an 18% year-on-year increase from $461 billion at the end of 2010 first quarter, it said.<\/p>\n<p>\u00a0<\/p>\n<p>By Ekow Quandzie<\/p>\n<hr\/>\n<p>| | <a href=\"http:\/\/twitter.com\/home?status=Currently%20reading%20http:\/\/www.ghanabusinessnews.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/\" title=\"Click to send this page to Twitter!\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a> | <\/p>\n<hr\/>\n<h4>Comments<\/h4>\n<\/div>\n<p>Continue reading here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.ghanabusinessnews.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/\" title=\"Technology M&#038;A deals reach $27b in first quarter 2011\" rel=\"noopener noreferrer\">Technology M&#038;A deals reach $27b in first quarter 2011<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> You Are Here: Home \u00bb ICT \u00bb Technology M&#038;A deals reach $27b in first quarter 2011 Page last updated at Wednesday, June 1, 2011 16:16 PM \/\/ Global technology mergers &#038; acquisitions (M&#038;A) deals grew during the first quarter of 2011 both in number of deals which was 794 and in total value of $27 billion, according to Ernst &#038; Young (E&#038;Y). According to E&#038;Y, the M&#038;A in the quarter were driven by trends in the technological industry such as smart mobility, cloud computing, social networking, mobile communications and information security as well as internet video drive deals for growth and innovation. \u201cGlobal technology mergers &#038; acquisitions (M&#038;A) deals grew during the first quarter of 2011 both in the number of M&#038;A deals \u2014 up 26% (to 794) \u2014 and in total value \u2014 up 124% (to $27 billion) when compared to the same period last year\u201d E&#038;Y\u2019s global technology M&#038;A quarterly report show. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-434154","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Technology M&amp;A deals reach $27b in first quarter 2011 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Technology M&amp;A deals reach $27b in first quarter 2011 - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"You Are Here: Home \u00bb ICT \u00bb Technology M&amp;A deals reach $27b in first quarter 2011 Page last updated at Wednesday, June 1, 2011 16:16 PM \/\/ Global technology mergers &amp; acquisitions (M&amp;A) deals grew during the first quarter of 2011 both in number of deals which was 794 and in total value of $27 billion, according to Ernst &amp; Young (E&amp;Y). According to E&amp;Y, the M&amp;A in the quarter were driven by trends in the technological industry such as smart mobility, cloud computing, social networking, mobile communications and information security as well as internet video drive deals for growth and innovation. \u201cGlobal technology mergers &amp; acquisitions (M&amp;A) deals grew during the first quarter of 2011 both in the number of M&amp;A deals \u2014 up 26% (to 794) \u2014 and in total value \u2014 up 124% (to $27 billion) when compared to the same period last year\u201d E&amp;Y\u2019s global technology M&amp;A quarterly report show.\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/06\/internet-2.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/01\\\/technology-ma-deals-reach-27b-in-first-quarter-2011\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/01\\\/technology-ma-deals-reach-27b-in-first-quarter-2011\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Technology M&#038;A deals reach $27b in first quarter 2011\",\"datePublished\":\"2011-06-01T16:30:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/01\\\/technology-ma-deals-reach-27b-in-first-quarter-2011\\\/\"},\"wordCount\":683,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/01\\\/technology-ma-deals-reach-27b-in-first-quarter-2011\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.ghanabusinessnews.com\\\/wp-content\\\/uploads\\\/2009\\\/06\\\/internet-2.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/01\\\/technology-ma-deals-reach-27b-in-first-quarter-2011\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/01\\\/technology-ma-deals-reach-27b-in-first-quarter-2011\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2011\\\/06\\\/01\\\/technology-ma-deals-reach-27b-in-first-quarter-2011\\\/\",\"name\":\"Technology M&A deals reach $27b in first quarter 2011 - 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According to E&Y, the M&A in the quarter were driven by trends in the technological industry such as smart mobility, cloud computing, social networking, mobile communications and information security as well as internet video drive deals for growth and innovation. \u201cGlobal technology mergers & acquisitions (M&A) deals grew during the first quarter of 2011 both in the number of M&A deals \u2014 up 26% (to 794) \u2014 and in total value \u2014 up 124% (to $27 billion) when compared to the same period last year\u201d E&Y\u2019s global technology M&A quarterly report show.","twitter_image":"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/06\/internet-2.jpg","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/"},"author":{"name":"","@id":""},"headline":"Technology M&#038;A deals reach $27b in first quarter 2011","datePublished":"2011-06-01T16:30:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/"},"wordCount":683,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/#primaryimage"},"thumbnailUrl":"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/06\/internet-2.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/","url":"https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/","name":"Technology M&A deals reach $27b in first quarter 2011 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/#primaryimage"},"thumbnailUrl":"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/06\/internet-2.jpg","datePublished":"2011-06-01T16:30:23+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2011\/06\/01\/technology-ma-deals-reach-27b-in-first-quarter-2011\/#primaryimage","url":"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/06\/internet-2.jpg","contentUrl":"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/06\/internet-2.jpg"},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/434154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=434154"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/434154\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=434154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=434154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=434154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}