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California M&A Activity Reaches Highest Level Since 2009, With Tech Deals Leading The Way

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http://techcrunch.com – California saw about $91.1 billion worth of mergers and acquisitions last year, the strongest level seen since 2009, according to Mergermarket. The fourth quarter saw a 10.4 percent increase over the third quarter and about a 25 percent increase over the same time a year earlier. The fourth quarter alone was the best one for mergers and acquisitions since 2007. Naturally, the technology sector led the way with 30.5 percent of deals or about $27.8 billion worth of deals. But it wasn’t consumer tech or enterprise that was at the very top of the leaderboard for the biggest deals of the ye (IT news)

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Submitted by linuxgeek on 01/24/2013

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