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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 Internet DealBook

Internet DealBook Annual Report 2011

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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.

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Page 1: Internet DealBook Annual Report 2011

Annual  Global  M&A  and  Investment  Activity  Review1  January  –  31  December  2011

Internet  DealBook  is  published  by  Online  Agility,  a  Right  Click  Capital  company

Internet DealBook

Page 2: Internet DealBook Annual Report 2011

Internet DealBook

Global  Overview

1  January  -­  31  December  2011

Over  $104bn  of  investments  and  acquisitions

2407  deals  tracked  from  public  sources  

All  amounts  are  USD

Page 3: Internet DealBook Annual Report 2011

Internet DealBook

Global  Geographic  Overview

Deal  value  by  region  ($bn)$80

$70

$60

$50

$40

$30

$20

$10

$0

ADV $60.38m

ADV $113.95m

ADV $59.15m

Rest of World Asia/Paci!c Europe North America   $1.193   $7.246   $24.272   $71.991

ADV = Average deal value

ADV $37.28m

Page 4: Internet DealBook Annual Report 2011

Internet DealBook

Deal  number  by  region

North  America  –  1726

Europe  –  393

Rest  of  World  –  58

Global  Geographic  Overview

Page 5: Internet DealBook Annual Report 2011

Internet DealBook

Top  10  Countries

Countries  by  deal  value  ($bn)$80

$70

$60

$50

$40

$30

$20

$10

$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 $29.83m

ADV $41.89m

ADV $103.01mADV

$31.49m

ADV $36.34m

ADV $8,500m

ADV $78.79m

ADV $63.26m

ADV $135.30m

ADV $60.01m

ADV = Average deal value

Page 6: Internet DealBook Annual Report 2011

Internet DealBook

Countries  by  deal  number

US  –  1,649

UK  –  168

Canada  –  77

Australia  –  76

Germany  –  54

China  –  53

India  –  39

Israel  –  34

France  –  29

Netherlands  –  19

Top  10  Countries

Page 7: Internet DealBook Annual Report 2011

Internet DealBook

Investment  value  by  region  ($bn)

$25

$20

$15

$10

$5

$0 Rest of World Europe Asia/Paci!c North America   0.164   2.121   4.123   20.158

Global  Overview  -­  Investments

ADV $6.85m

ADV $43.86m

ADV $12.48m

ADV $52.09m

ADV = Average deal value

Page 8: Internet DealBook Annual Report 2011

Internet DealBook

Number  of  investments  by  region

North  America  –  520

Europe  –  223

Rest  of  World  –  32

Global  Overview  -­  Investments

Page 9: Internet DealBook Annual Report 2011

Internet DealBook

Acquisition  value  by  region  ($bn)

$60

$50

$40  

$30

$20

$10

$0 Rest of World Asia/Paci!c Europe North America   1.028   3.124   22.150   51.833

Global  Overview  -­  Acquisitions

ADV $128.56mADV $104.12m

ADV $515.13m

ADV $62.45m

ADV = Average deal value

Page 10: Internet DealBook Annual Report 2011

Internet DealBook

Number  of  acquisitions  by  region

North  America  –  1206

Europe  –  170

Rest  of  World  –  26

Global  Overview  -­  Acquisitions

Page 11: Internet DealBook Annual Report 2011

Internet DealBook

Sectors  by  deal  value  ($bn)

$60

$50

$40  

$30

$20

$10

$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

Sector  Overview

ADV $15.62m

ADV $40.22mADV

$33.33m

ADV $41.39m

ADV $279.09m

ADV $55.37m

ADV $40.78m

ADV $94.03m

ADV = Average deal value

Page 12: Internet DealBook Annual Report 2011

Internet DealBook

Sectors  by  deal  number

Software  &  Services  –  956  

Marketing  –  370

Media  –  265

Mobile  &  Apps  –  260

Ecommerce  –  228

Games  –  131

Transactions  –  125

Hardware  &  Infrastructiure  –  72

Sector  Overview

Page 13: Internet DealBook Annual Report 2011

Internet DealBook

Sectors  by  deal  value  ($bn)

$7

$6

$5

$4

$3

$2

$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

Sector  Overview  -­  Investments

ADV $20.92m

ADV $78.28m

ADV $8.35m

ADV $31.63m

ADV $30.44m

ADV $10.04m

ADV $30.73m

ADV $12.38m

ADV = Average deal value

Page 14: Internet DealBook Annual Report 2011

Internet DealBook

Sectors  by  deal  number

Software  &  Services  –  641

Marketing  –  211

Mobile  &  Apps  –  204

Media  –  172

Ecommerce  –  170

Transactions  –  88

Games  –  68

Hardware  &  Infrastructure  –  36

Sector  Overview  -­  Investments

Page 15: Internet DealBook Annual Report 2011

Internet DealBook

Sectors  by  deal  value  ($bn)

$60

$50

$40  

$30

$20

$10

$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

Sector  Overview  -­  Acquisitions

ADV $496.11m

ADV $183.31m

ADV $216.85m

ADV $104.95m

ADV $575.96m

ADV $132.74m

ADV $110.31mADV

$44.02m

ADV = Average deal value

Page 16: Internet DealBook Annual Report 2011

Internet DealBook

Sectors  by  deal  number

Software  &  Services  –  315

Marketing  –  159

Media  –  93

Games  –  63

Ecommerce  –  58

Mobile  &  Apps  –  56

Transactions  –  37

Hardware  &  Infrastructure  –  36

Sector  Overview  -­  Acquisitions

Page 17: Internet DealBook Annual Report 2011

Internet DealBook

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

IDB  Population  Index  (excl  Skype  deal)

Country population statistics from Internet World Stats

Page 18: Internet DealBook Annual Report 2011

Internet DealBook

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

IDB  Population  Index

Country population statistics from Internet World Stats

Page 19: Internet DealBook Annual Report 2011

Internet DealBook

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

IDB  Internet  User  Index  (excl  Skype  deal)

Country internet user statistics from Internet World Stats

Page 20: Internet DealBook Annual Report 2011

Internet DealBook

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

IDB  Internet  User  Index

Country internet user statistics from Internet World Stats

Page 21: Internet DealBook Annual Report 2011

Internet DealBook

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

Page 22: Internet DealBook Annual Report 2011

Internet DealBook

DisclaimerThe  information  contained  herein  is  of  a  general  nature  and  comes  from  independent  sources.  It  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  information  in  connection  with  this  document  should  be  addressed  directly  to  Internet  DealBook  and  to  no  other  party.

Informational  SourcesAll  information  contained  in  this  presentation  was  sourced  using  Internet  DealBook’s  database  of  2407  deals  for  2011.  All  additional  information  used  to  create  the  IDB  indices,  was  sourced  from  InternetWorldStats.com  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.

Copyright  NoticeThis  report  is  compiled  and  published  by  Internet  DealBook  and  is  covered  by  copyright.  All  rights  reserved.  No  part  of  the  publication  may  be  published,  reproduced  (see  exception  below),  stored  in  a  retrieval  system,  translated,  or  transmitted  in  any  form  or  by  any  means  now  or  hereafter  known,  electronic  or  mechanical,  without  correct  attribution  and  a  link  back  to  Internet  DealBook  according  to  the  guidelines  below.    The  copyright  owner  consents  that  copies  of  articles  may  be  made  for  personal  or  internal  use,  or  for  the  personal  or  internal  use  of  the  company,  individual  or  organisation  who  requested  the  creation  of  this  document  from  Internet  DealBook.  Should  a  party  wish  to  syndicate  or  reproduce  the  content  contained  herein,  they  must  provide  a  link  back  to  Internet  DealBook  and  properly  reference/cite  Internet  DealBook  within  the  article/document/site  or  medium/place  of  reproduction.  Internet  DealBook  wishes  to  be  informed  of  the  reproduction  via  email  [email protected].  If  you  have  any  questions  regarding  our  rights  and  permissions  policies,  or  if  you  have  a  special  request  not  covered  by  these  guidelines,  please  contact  Internet  DealBook.

Page 23: Internet DealBook Annual Report 2011

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Internet  DealBook  is  published  by  Online  Agility,  a  Right  Click  Capital  company

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