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June 12, 2012 02:58 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0EH95ULCGrE/
Rutberg: 2012 Mobile Exits Tally At $6.5B So Far. More To Come, Mainly In The Form Of M&A, Not IPOs
2011 was an impressive year for mobile exits: according to investment bank Rutberg & Co. it topped out as the biggest-ever for mobile IPOs and acquisitions: $15.5 billion in total transactions, 63 percent higher than previous record holder, 2007. But halfway through 2012, Rutberg believes that this year could be either just as big or bigger: so far, there have been $6.5 billion in transactions, according to new research out today.Led by the (still pending) $1-billion acquisition of Instagram by Facebook and the $1.093 billion IPO of mobile ad company Millennial Media, 2012 has rung up exits totaling nearly as much as all of 2010. 2007 saw $7.1 billion in mobile exits, with values split nearly equally between IPOs and M&A. In contrast, 2012, up to now, has been much more uneven: $4.6 billion in M&A, with $1.9 billion in IPOs.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0EH95ULCGrE/
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