July 6, 2012 – Software mergers and acquisitions are up over the first half of 2012 compared with that same time period last year, pulled along by multiple buys of SaaS and customer analytics vendors, according to investment banking advisory Berkery Noyes.
Even as the number of transactions increased to 785 for the first half of 2012 – up by 43 from the first six months of 2011 – the overall value of those deals dropped 5 percent this year to $38.49 billion. However, business intelligence market transactions under the software sector increased by 25 percent in the first half of 2012 compared with the year before. Jonathan Krieger, managing director at Berkery Noyes, said in a release on the market report that SaaS vendors are being snatched up as BI and information management software vendors seeks to streamline communications and operations.
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