Download - Giovanni amodeo AI’s evolving market
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
1,0481,317
1,6711,490 1,576
2,167
2,631
1,969
11,425
10,147
6,500
8,476
9,572 9,5049,979
12,08812,431
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
Deal
co
un
t
Valu
e o
f d
eals
(U
S$b
n)
Total value Deal count
33.6%
Tech M&A trend: Year-to-date
112.1
79.0
43.361.9
120.6100.4
114.8
152.5
259.5277.1
1,041
935
594
907
1,035 1,043
1,031
1,480
1,666
1,426
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
0
50
100
150
200
250
300
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Deal
co
un
t
Valu
e o
f d
eals
(U
S$b
n)
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
Va
lue
of
de
als
(U
S$
bn
)
No. of deals
Top acquirers – 2011-16
3
3
4
4
5
6
0 1 2 3 4 5 6 7
IBM
Salesforce
Intel
Apple
No. of deals
AI regional breakdown – 2011-16
US UKIsrael SpainCanada GermanySwitzerland 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 EquitiesFinancial Corporation
Canaccord GenuityLimited
Morgan Stanley
Goldman Sachs
Broadhaven CapitalPartners
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 SonsiniGoodrich & Rosati PC
No. of deals
Conclusions
• Small teams acquiring at a high cost
• Companies embedded in larger systems
• Powering success without generating large
income
