The OECD has published its recent 2006 Outlook on the ICT sector. There is a very interesting graph in this report. The value of mergers and acquisitions has exploded near the 1999-2000 Internet bubble and has burst in 2000. However, the value of mergers and acquisitions in the ICT is still higher than non-ICT industries, from 2000 to 2005. Thus, it appears that the ICT sector is very attractive in consideration to its growth prospects. Over the last decade, 14,566 completed cross-border M&A deals targeted the ICT sector and the ICT sector was the acquirer in 11,634. Thus, non-ICT firms are also very attracted by ICT firms. The largest numbers of deals has been in IT services, followed by telecommunications and electronics.
Infocom Intelligence is doing research on the stock market reaction of ICT M&A on ICT bidders with Concordia University. Stay tune for further results.
Louis Rhéaume
Infocom Intelligence
infocom@videotron.ca
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