Sunday, March 9, 2014

M&A Monthly Synopsis - March 2014


Facebook's acquisition of WhatsApp, the biggest technology acquisition in over a decade transpired last month continuing the momentum of M&A deals this year. Its fascinating to note that a company that had been around for 2 years with 55 employees could command $16 B in valuation not counting the $3B in retention pay.

Overall February had seen a lot of deals, including Alibaba's acquisition of chinese firm , AutoNavi ($1.58B) and Oracle's Bluekai acquisition (~ $400 M)

Below  is a summary of technology deals announced in March 2014 ..

Date AnnouncedAcquirerTargetValuationTarget OverviewCountryLinks
3/3/2014ShutterstockWebDAMN/AWEbDAM is a a provider of web-based digital asset management softwareUnited StatesMarketWatch TheNextWeb
3/3/2014IntelBasis Science$100 MBasis makes wristwatch health trackers and has ~ 7% market share in the spaceUnited StatesCNet
3/5/2014Rocket SoftwareTrubiquityN/ATrubiquity provides solutions for Managed File Transfer (MFT) and business process integration across enterprisesUnited StatesOfficial Announcement
3/5/2014FlipboardZite$60 MZite is a magazine style reading app similar to Flipboard that CNN acquired in 2011United StatesTheVerge
3/6/2014ComcastFreewheel$360 MFreeWheel offers one of the  largest platforms for TV networks and video distributors to serve ads alongside their content onlineUnited StatesAdExchanger
3/7/2014SpotifyEchoNest$100 MEchoNest offers music personalization and discovery solutions for music streaming providers including SpotifyUnited StatesTechCrunch

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