While most Internet financial reports have dealt with specific world regions or sectors, Internet DealBook takes a global perspective for an increasingly global world. Its Annual Global M&A and Investment Activity Review has been compiled from a detailed analysis of over 2,400 deals worth over USD104bn during 2011, identifying businesses that have been acquired or received funding, by geography and sector.

1. Internet DealBook
Annual Global M&A and
Investment Activity Review
1 January – 31 December 2011
Internet DealBook is published by Online Agility, a Right Click Capital company

2. Global Overview
1 January -­ 31 December 2011
Over $104bn of investments and acquisitions
2407 deals tracked from public sources
All amounts are USD
Internet DealBook

3. Global Geographic Overview
Deal value by region ($bn)
$80
ADV $59.15m
$70
$60
$50
$40
$30 ADV $113.95m
$20
$10 ADV $60.38m
ADV $37.28m
$0
Rest of World Asia/Paci c Europe North America
$1.193 $7.246 $24.272 $71.991
ADV = Average deal value
Internet DealBook

4. Global Geographic Overview
Deal number by region
North America – 1726
Europe – 393
Rest of World – 58
Internet DealBook

5. Top 10 Countries
Countries by deal value ($bn)
$80 ADV
$60.01m
$70
$60
$50
$40
$30
ADV
$20 ADV $135.30m
ADV
ADV $8,500m
ADV ADV $103.01m
ADV ADV ADV $63.26m
$10 $41.89m $36.34m
$29.83m $31.49m $78.79m
$0
Germany Australia Sweden Israel Canada India China Luxembourg UK US
.637 .850 1.024 1.047 1.599 1.835 3.708 8.500 12.583 70.391
ADV = Average deal value
Internet DealBook

6. Top 10 Countries
Countries by deal number
US – 1,649 China – 53
UK – 168 India – 39
Canada – 77 Israel – 34
Australia – 76 France – 29
Germany – 54 Netherlands – 19
Internet DealBook

7. Global Overview -­ Investments
Investment value by region ($bn)
$25
ADV $52.09m
$20
$15
$10
ADV $43.86m
$5 ADV $12.48m
ADV $6.85m
$0
Rest of World Europe Asia/Paci c North America
0.164 2.121 4.123 20.158
ADV = Average deal value
Internet DealBook

8. Global Overview -­ Investments
Number of investments by region
North America – 520
Europe – 223
Rest of World – 32
Internet DealBook

9. Global Overview -­ Acquisitions
Acquisition value by region ($bn)
$60
ADV $62.45m
$50
$40
$30
ADV $515.13m
$20
$10
ADV $104.12m
ADV $128.56m
$0 Rest of World Asia/Paci c Europe North America
1.028 3.124 22.150 51.833
ADV = Average deal value
Internet DealBook

10. Global Overview -­ Acquisitions
Number of acquisitions by region
North America – 1206
Europe – 170
Rest of World – 26
Internet DealBook

11. Sector Overview
Sectors by deal value ($bn) ADV
$94.03m
$60
$50
$40
$30
$20 ADV
ADV $279.09m
ADV ADV
$40.78m
ADV ADV $40.22m $41.39m
$10 ADV
$15.62m $33.33m $55.37m
$0 Mobile & Apps Transactions Games Ecommerce Media Marketing Hardware & Software
Infrastructure & Services
2.906 3.166 3.654 6.315 7.244 9.053 12.559 59.804
ADV = Average deal value
Internet DealBook

12. Sector Overview
Sectors by deal number
Software & Services – 956
Marketing – 370
Media – 265
Mobile & Apps – 260
Ecommerce – 228
Games – 131
Transactions – 125
Hardware & Infrastructiure – 72
Internet DealBook

13. Sector Overview -­ Investments
Sectors by deal value ($bn)
ADV
$7 $12.38m
$6
$5 ADV ADV
$30.73m $30.44m
$4
ADV
$3 $31.63m
ADV
ADV $78.28m
ADV $10.04m
$2
ADV $8.35m
$20.92m
$1
$0
Games Mobile & Apps Marketing Hardware & Transactions Ecommerce Media Software
Infrastructure & Services
1.088 1.437 1.897 2.192 2.594 4.456 4.596 6.720
ADV = Average deal value
Internet DealBook

14. Sector Overview -­ Investments
Sectors by deal number
Software & Services – 641
Marketing – 211
Mobile & Apps – 204
Media – 172
Ecommerce – 170
Transactions – 88
Games – 68
Hardware & Infrastructure – 36
Internet DealBook

15. Sector Overview -­ Acquisitions
Sectors by deal value ($bn)
$60 ADV
$496.11m
$50
$40
$30
$20
ADV
ADV $575.96m
$216.85m
$10 ADV ADV ADV
ADV ADV
$132.74m $183.31m $110.31m
$44.02m $104.95m
$0 Transactions Mobile & Apps Ecommerce Games Media Marketing Hardware & Software
Infrastructure & Services
0.572 1.469 1.858 2.566 2.647 7.156 10.367 53.084
ADV = Average deal value
Internet DealBook

16. Sector Overview -­ Acquisitions
Sectors by deal number
Software & Services – 315
Marketing – 159
Media – 93
Games – 63
Ecommerce – 58
Mobile & Apps – 56
Transactions – 37
Hardware & Infrastructure – 36
Internet DealBook

17. IDB Population Index (excl Skype deal)
Total deal value/population
$240
$220
$200
$180
$160
$140
$120
$100
$80
$60
$40
$20
$0
Finland Singapore Czech Republic Ireland Australia Canada Sweden Israel UK US
10.54 12.65 23.31 32.57 39.06 46.99 112.69 140.15 200.69 224.73
Country population statistics from Internet World Stats
Internet DealBook

18. IDB Population Index
Total deal value/population
$18,000
$16,000
$14,000
$12,000
$10,000
$8,000
$6,000
$4,000
$2,000
$0
Singapore Czech Republic Ireland Australia Canada Sweden Israel UK US Luxembourg
12.65 23.31 32.57 39.06 46.99 112.69 140.15 200.69 224.73 16888.47
Country population statistics from Internet World Stats
Internet DealBook

19. IDB Internet User Index (excl Skype deal)
Total deal value/internet user population
$300
$270
$240
$210
$180
$150
$120
$90
$60
$30
$0
India Czech Republic Jordan Australia Ireland Canada Sweden Israel UK US
18.35 35.55 39.28 49.91 50.01 59.31 121.96 199.00 244.60 287.31
Country internet user statistics from Internet World Stats
Internet DealBook

20. IDB Internet User Index
Total deal value/internet user population
$24,000
$20,000
$16,000
$12,000
$8,000
$4,000
$2,000
$0
Czech Republic Jordan Australia Ireland Canada Sweden Israel UK US Luxembourg
35.55 39.28 49.91 50.01 59.31 121.96 199.00 244.60 287.31 20023.56
Country internet user statistics from Internet World Stats
Internet DealBook

21. For lists of deals, investments, and acquisitions, by
geography and sector, visit InternetDealBook.com
and join the weekly newsletter for regular updates
Internet DealBook

22. Disclaimer Copyright Notice
The information contained herein is of a general nature and comes from This report is compiled and published by Internet DealBook and is
independent sources. It is not intended to address the circumstances of covered by copyright. All rights reserved. No part of the publication may
any particular individual or entity. Although we endeavour to provide be published, reproduced (see exception below), stored in a retrieval
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information is accurate as of the date it is received or that it will continue hereafter known, electronic or mechanical, without correct attribution
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entities hereby excludes any liability to any person in consequence of his for personal or internal use, or for the personal or internal use of the
purported reliance upon information contained herein or omitted here company, individual or organisation who requested the creation of this
from (whether express or implied) or otherwise furnished in connection document from Internet DealBook. Should a party wish to syndicate or
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Informational Sources DealBook wishes to be informed of the reproduction via email at
All information contained in this presentation was sourced using Internet info@internetdealbook.com. If you have any questions regarding our
DealBook’s database of 2407 deals for 2011. All additional information rights and permissions policies, or if you have a special request not
used to create the IDB indices, was sourced from InternetWorldStats.com covered by these guidelines, please contact Internet DealBook.
on 2 February 2012. Internet DealBook collects and compiles all their
data from publicly available sources. Visit Internet Dealbook for more
information on the methodology used for tracking and collating deals.
Internet DealBook

23. Internet DealBook
InternetDealBook.com
Internet DealBook is published by Online Agility, a Right Click Capital company