The document summarizes key investment and M&A trends for the second quarter of 2012. It found that while the total deal value and number of deals increased from Q2 2011, the average deal value decreased significantly. The number of deals increased across all regions and sectors. Asia/Pacific and South America had the highest average deal values, while average deal values decreased the most in Europe and North America. Hardware/infrastructure saw the largest increase in total deal value.

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Second Quarter 2012 Report
Executive Summary
Overview
• USD29.1bn of investments and acquisitions tracked in Q2 2012, up 1% from USD28.6b in Q2 2011
• 1007 deals tracked from public sources in Q2 2012, up from 454 deals in Q2 2011
• All sectors and regions have experienced growth in the number of deals
• Average deal value for investments has significantly fallen to USD12m in Q2 2012, down from USD30.8m in Q2 2011
• Average deal value for acquisitions has fallen slightly to USD336.5m in Q2 2012, down from USD340.7 in Q2 2011
Deals by region
• Asia/Pacific leads all regions with an average deal value of USD65m. South America comes second at USD64m. This
compareswith North America at USD42m. North America still accounted for the vast bulk of deals tracked, recording
$18.3b of deals out of $29.1b for all regions
• Average deal values have fallen in most regions. In 2011, the average deal size North America was $73.8m, while in
2012, it fell to $37.2m. This means more companies are involved in investment and M&A activity but at lower values
• 79% increase in deal numbers across Asia/Pacific after 142% in North America and 100% in Europe
• Average deal value for investments in Asia/Pacific leads all regions at USD17.6m, compared with USD12m in North
America and USD9m in Europe
Deals by sector
• Total deal value for Hardware & Infrastructure businesses has increased three times to USD8.5bn in Q2 2012, from USD
$2bn in Q2 2011. This compares with a thirteen-fold increase in the number of Hardware & Infrastructure deals
• Total deal value for Mobile & Apps businesses has increased to USD1.9bn in Q2 2012, from USD538m in Q2 2011. This
compares two-fold increase in the number of Mobile & Apps deals
• Average deal value for investments has fallen in all sectors except Marketing and Media businesses
• Average deal value for investments in Games businesses has significantly fallen to USD4.5m in Q2 2012, down from
USD56.2m in Q2 2011
• Average deal value of acquisitions in the Transactions sector has grown seven-fold
Key statistics
Description Q2 2011 Q2 2012
Number of deals 454 1,007
Total deal value $28,628,170,169 $29,052,613,700
Average deal value $96,716,791 $43,819,930
Total investment value $7,164,933,239 $7,180,513,700
Total acquisition value $21,463,236,930 $21,872,100,000
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Deal value growth by sector Q2 2011 - Q2 2012
400% 326%
300% 255%
200%
100% 50%
0%
-100% -61% -41% -30% -15% -9%
Games Marketing Software & Transactions Ecommerce Media Mobile & Apps Hardware &
Services Infrastructure
Deal value growth by region Q2 2011 - Q2 2012
2000%
1559%
1500%
1000% 738%
500%
19% 20%
0%
-43%
-500%
Europe Asia/Pacific North America Middle East South America
Deal number growth by sector Q2 2011 - Q2 2012
1400% 1300%
1200%
1000%
800%
600%
400% 157% 200%
104% 132%
200% 9% 41% 55%
0%
Marketing Games Ecommerce Media Transactions Software & Mobile & Apps Hardware &
Services Infrastructure
Deal number growth by region Q2 2011 - Q2 2012
141%
150%
100%
100% 79%
47% 50%
50%
0%
Middle East South America Asia/Pacific Europe North America
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3.
Average deal value by sector Q2 2011 - Q2 2012
$500 400
Millions
$400
$300
165
$200 117 123
56 69 38 48
$100 32 11 24 18 18 21 31 36
$0
Transactions Media Mobile & Apps Marketing Games Ecommerce Software & Hardware &
Services Infrastructure
Q2 2011 Q2 2012
Average deal value by region Q2 2011 - Q2 2012
$250 207
Millions
$200
$150
102
$100 74 62 63 65
54
37
$50 11 19
$0
North America Middle East Europe South America Asia/Pacific
Average deal value growth by region and deal type Q2 2011 - Q2 2012
300% 259%
181%
200% 137%
100% 30%
0%
-100% -25% -35% -55% -83%
-200%
Europe North America Asia/Pacific Middle East
Investments Acquisitions
Average deal value growth by sector and deal type Q2 2011 - Q2 2012
600% 482%
400%
138% 122% 151%
200%
54% 52%
0%
-28% -28% -26% -12% -23%
-200% -92% -98% -78%
Marketing Software & Games Media Mobile & Apps Hardware & Ecommerce
Services Infrastructure
Investments Acquisitions
*Transaction sector has been omitted due to non-significant outlying data
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Disclaimer
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we
endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will
continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the
particular situation. Accordingly Internet DealBook and all its related entities hereby excludes any liability to any person in consequence of his purported
reliance upon information contained herein or omitted here from (whether express or implied) or otherwise furnished in connection herewith. Any requests for
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Information Sources
Internet DealBook collects and compiles all its data from publicly available sources. Visit Internet DealBook for more information on the methodology used for
tracking and collating deals.
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