July 12, 2011, 4:05 PM

Web-related acquisitions pick up in the first half of 2011

Google Inc. leads the pack with 11 buys in the first half.

Lead Photo

The pace of merger and acquisition activity in the Internet and mobile industries accelerated in the first six months of 2011compared with the same period a year ago, according to a report from investment banking firm Berkery Noyes.

The Internet and mobile sectors accounted for 788 deals in the first half of 2011, up 28% from 614 in the first half of 2010. And the value of deals grew at an even faster rate. The total transaction value increased 155% from $17.0 billion to $43.3 billion.

Google Inc. was the most active acquirer. Google made 11 purchases in the Internet and mobile categories in the first half of the year, including movie recommendation firm Fflick, voice messaging company SayNow and electronic media company eBook Technologies Inc.

Microsoft Corp.’s announced acquisition of online telephone service Skype Technologies SA from an investor group led by Silver Lake Partners for $9.08 billion was the largest transaction in the sector during the first half of 2011, according to Berkery Noyes.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Adrien Henni / E-Commerce

eBay and Russian Post accelerate cross-border deliveriies

EBay and Russian Post have signed a memorandum of cooperation aimed at reducing the time ...

FPO

Ernie Diaz / E-Commerce

Can Tencent win the mobile commerce battle with Alibaba?

The two Chinese Internet giants are increasingly encroaching on each other’s territories. A Beijing-based marketing ...

Advertisement