Berkery Noyes on Friday released its "2009 Software Industry Merger &
Acquisition Trends" report.
According to the report, Software Industry M&A activity experienced a
significant half-to-half gain as exhibited by the 83% increase in the median
EV/revenue multiple from 1.2 in 1st Half 2009 to 2.2 in 2nd Half 2009.
This rise brings the median EV/revenue multiple back to its 2007 level.
2nd Half 2009 exhibited a moderate increase in both aggregate volume and
aggregate value, versus 1st Half 2009. Half-to-half, aggregate value
increased by 17% from approximately $18 billion to $21 billion, and aggregate
volume increased by 5% from 341 deals to 358.
Year-to-year 2009 exhibited negative growth in both aggregate value and
aggregate volume of transactions.
Total transaction volume declined by 16% from 837 deals in 2008 to 699 in
Aggregate value declined by 16% as we... (more)
Since launching our revolutionary Ulitzer platform we have been the butt of a
smear campaign perpetrated by a small number of social media terrorists from
within Adobe's Flex user community.
Ulitzer, Inc. owns www.sys-con.com.
I cannot imagine a Microsoft, IBM, Oracle, Google, or Apple employee publicly
writing "SYS-CON should die!" under his or her corporate credentials, or
leaving reader feedback on a Gartner blog implying "SYS-CON are thieves"
next to his or her corporate credentials especially when the allegation is
false and carries legal consequences.
Naturally we document... (more)
New Media on Ulitzer
Last week we were accidentally copied in on an internal e-mail from a
software company with a market cap in excess of five billion dollars. As I
read through this long e-mail thread, which included references to our
company, I couldn't help but reflect on the past. I forwarded this e-mail to
their CEO and he acknowledged its receipt. History is repeating itself, I
realized, and I wanted to share my thoughts with our readers and with the CEO
of this software company.
In 1985-86 I worked at IBM as a market research analyst in White Plains, NY,
at the company'... (more)
At SYS-CON Media we see our inventories are filling up to 100% capacity for
the months of November, December, and January, and we are seeing
better-than-normal RFP activity for the first quarter of 2010.
When I say this, I am comparing the current insertion order activity to the
same period last year. We will be closing 2009 roughly 32% below 2008 in
revenues (far better than any other tech media company), which forced us to
reduce our expenses for the same period by around 40%. Last fall, while the
world was falling apart, we were preparing for a ... (more)
New Media on Ulitzer
Take a plastic world globe and place a pin on roughly where Silicon Valley
Then tie a piece of yarn to the pin and extend it to any country around the
With a quick visual conversion, the length of the yarn shows the approximate
number of years for that particular country to get hit with the
"new-media" tsunami forming in the United States.
What am I talking about?
Europe and Asia Historically Followed U.S. Two Years Behind
Well, traditionally for any technology trend to reach from the United States
to Europe and Asia took a couple of years.
If we... (more)