Daily Deals Insight
Check out the latest Deals Insight, which provides context around Google’s $8.8 billion acquisition of Motorola Mobility.
Key highlights:
Google’s $8.8 billion* acquisition of Motorola Mobility brings the value of worldwide high technology M&A to $125.7 billion, the strongest year for M&A in the sector since 2007.- The acquisition of Motorola is the largest M&A deal in Google’s history, besting the acquisition of DoubleClick for $3.1 billion in 2007. The deal marks the second largest M&A transaction involving tech companies announced this year, behind Microsoft’s acquisition of Skype in May 2011.
- Qatalyst Partners, an advisor to Motorola Mobility, along with Centerview Partners, ranks fifth for worldwide tech M&A this year, with $18.6 billion from four deals. Today’s deal ranks as the biggest advisory role for Qatalyst Partners on record.
The volume of worldwide M&A totals $1.8 trillion for year-to-date 2011, a 31% increase over last year at this time. US target M&A totals $775.4 billion , up 76% from year-to-date 2010. Monthly M&A activity through the August 15th, totals $83.9 billion.- Today’s US deal activity, which totals $12.3 billion, ranks as the biggest “Merger Monday” in the United States since April 4th when Texas Instruments acquired National Semiconductor and KKR acquired Capsugel.
* Google/Motorola excludes Motorola’s cash holdings
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