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Giovanni Amodeo: Global Editor in Chief
Data compiled by Katharine Dennys: Research Editor EMEA
AI’s evolving market
Global M&A trend: Year-to-date
2,845
1,797
1,048
1,317
1,671
1,490 1,576
2,167
2,631
1,969
11,425
10,147
6,500
8,476
9,572 9,504
9,979
12,088
12,431
11,058
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
0
500
1,000
1,500
2,000
2,500
3,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Dealcount
Valueofdeals(US$bn)
Total value Deal count
33.6%
Tech M&A trend: Year-to-date
112.1
79.0
43.3
61.9
120.6
100.4
114.8
152.5
259.5
277.1
1,041
935
594
907
1,035 1,043
1,031
1,480
1,666
1,426
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
0
50
100
150
200
250
300
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Dealcount
Valueofdeals(US$bn)
Technology Deal count
Artificial Intelligence M&A trend
5
1
7
15
22
16
0
5
10
15
20
25
2011 2012 2013 2014 2015 YTD 2016
Valueofdeals(US$bn)
No. of deals
Top acquirers – 2011-16
3
3
4
4
5
6
0 1 2 3 4 5 6 7
IBM
Salesforce
Twitter
Google
Intel
Apple
No. of deals
AI regional breakdown – 2011-16
US UK
Israel Spain
Canada Germany
Switzerland Australia
Top Financial advisers – 2011-16
1
1
1
2
2
2
3
0 0.5 1 1.5 2 2.5 3 3.5 4
Citadel Securities
Advanced Equities
Financial Corporation
Canaccord Genuity
Limited
Morgan Stanley
Goldman Sachs
Broadhaven Capital
Partners
Allen & Company
No. of deals
Top Legal advisers – 2011-16
3
3
3
3
3
4
6
0 1 2 3 4 5 6 7
Cleary Gottlieb Steen &
Hamilton
Morrison & Foerster
Cravath, Swaine &
Moore
Kirkland & Ellis
Goodwin Procter
Weil Gotshal & Manges
Wilson Sonsini
Goodrich & Rosati PC
No. of deals
Conclusions
• Small teams acquiring at a high cost
• Companies embedded in larger systems
• Powering success without generating large
income

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Giovanni amodeo AI’s evolving market

  • 1. Giovanni Amodeo: Global Editor in Chief Data compiled by Katharine Dennys: Research Editor EMEA AI’s evolving market
  • 2. Global M&A trend: Year-to-date 2,845 1,797 1,048 1,317 1,671 1,490 1,576 2,167 2,631 1,969 11,425 10,147 6,500 8,476 9,572 9,504 9,979 12,088 12,431 11,058 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 0 500 1,000 1,500 2,000 2,500 3,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Dealcount Valueofdeals(US$bn) Total value Deal count 33.6%
  • 3. Tech M&A trend: Year-to-date 112.1 79.0 43.3 61.9 120.6 100.4 114.8 152.5 259.5 277.1 1,041 935 594 907 1,035 1,043 1,031 1,480 1,666 1,426 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 0 50 100 150 200 250 300 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Dealcount Valueofdeals(US$bn) Technology Deal count
  • 4. Artificial Intelligence M&A trend 5 1 7 15 22 16 0 5 10 15 20 25 2011 2012 2013 2014 2015 YTD 2016 Valueofdeals(US$bn) No. of deals
  • 5. Top acquirers – 2011-16 3 3 4 4 5 6 0 1 2 3 4 5 6 7 IBM Salesforce Twitter Google Intel Apple No. of deals
  • 6. AI regional breakdown – 2011-16 US UK Israel Spain Canada Germany Switzerland Australia
  • 7. Top Financial advisers – 2011-16 1 1 1 2 2 2 3 0 0.5 1 1.5 2 2.5 3 3.5 4 Citadel Securities Advanced Equities Financial Corporation Canaccord Genuity Limited Morgan Stanley Goldman Sachs Broadhaven Capital Partners Allen & Company No. of deals
  • 8. Top Legal advisers – 2011-16 3 3 3 3 3 4 6 0 1 2 3 4 5 6 7 Cleary Gottlieb Steen & Hamilton Morrison & Foerster Cravath, Swaine & Moore Kirkland & Ellis Goodwin Procter Weil Gotshal & Manges Wilson Sonsini Goodrich & Rosati PC No. of deals
  • 9. Conclusions • Small teams acquiring at a high cost • Companies embedded in larger systems • Powering success without generating large income