9
April 2014
M&A Transaction Trends
2012
2013
Q1 2014
Seller Segment
# Deals
Average Deal Size
($M)
# Deals
Average Deal Size
($M)
# Deals
Average Deal Size
($M)
Semiconductors
155
$142
162
$166
47
$150
Defense Electronics
24
140
29
20
2
87
Enterprise Software
652
150
574
79
128
163
Development Tools & Middleware Software
218
122
176
250
47
170
Electronics Manufacturing & Design
75
23
56
313
12
16
The McLean Group tracked 2,357 reported technology transactions from 2012 through Q1 2014 across the following sectors.
Sector (by Seller)
Top Buyers Last Two Years (# Deals)
Semiconductors
Cadence (4), SK Hynix (4), Apple (3), IDT (3), Microchip (3), Micron (3)
Defense Electronics
Armor Defense (2), 3M (1), Arlington Capital (1)
Enterprise Software
Constellation Software (10), IBM (8), SAP (6), Trimble (6), Autodesk (4), Cisco (4)
Electronics Manufacturing & Design
Cybertouch (2), Sparton (2), 3D System (2)
Development Tools & Middleware Software
Yahoo (5), Cisco (4), Google (4), Intel (4), Synopsys (4), Cassidian (3), Citrix (3), Facebook (3),
Mentor Graphics (3)
The most active buyers in each segment are identified below as well as the number of companies each acquired:
Source: Public Filings; Capital IQ as of 3/26/14
