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May 15, 2012 04:13 am GMT
Instagram, Schminstagram. While flashy consumer deals keep getting all the headlines, it was actually cloud computing, enterprise and video that fueled the biggest deals of last quarter's $25.1 billion in mergers and acquisitions,according to top-tier accounting firm Ernst & Young.The total value of all deals fell by 12 percent from the year before while the number of deals was about the same. While that's not too huge a drop, the firm attributes it to "ongoing economic uncertainty." (Thanks Greece.)Quarterly deal volume has apparently reached aplateau after two years of growth and is being restrained by concerns about the macroeconomic climate.If you're curious what the biggest deals of last quarter were, here are they below.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SFOAbyW2g9w/
Enterprise, Video Led The $25.1B In M&A Deals Last Quarter, Ernst & Young Says
Instagram, Schminstagram. While flashy consumer deals keep getting all the headlines, it was actually cloud computing, enterprise and video that fueled the biggest deals of last quarter's $25.1 billion in mergers and acquisitions,according to top-tier accounting firm Ernst & Young.The total value of all deals fell by 12 percent from the year before while the number of deals was about the same. While that's not too huge a drop, the firm attributes it to "ongoing economic uncertainty." (Thanks Greece.)Quarterly deal volume has apparently reached aplateau after two years of growth and is being restrained by concerns about the macroeconomic climate.If you're curious what the biggest deals of last quarter were, here are they below.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SFOAbyW2g9w/
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