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

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

Global Geographic Overview

Deal value by region ($bn)
$80

ADV $59.15m

$70
$60
$50
$40
$30

ADV $113.95m

$20
$10

ADV $37.28m

ADV $60.38m

$0

Rest of World
$1.193

Asia/Pacific
$7.246

Europe
$24.272

North America
$71.991

ADV = Average deal value

Internet DealBook

Global Geographic Overview

Deal number by region

North America 1726

Europe 393
"TJB1BDJlDn
Rest of World 58

Internet DealBook

Top 10 Countries
Countries by deal value ($bn)
$80

ADV
$60.01m

$70
$60
$50
$40
$30
$20
$10

ADV
$29.83m

ADV
$31.49m

Germany

.637

Australia
.850

ADV
$78.79m

ADV
$41.89m

ADV
$36.34m

ADV
$63.26m

Israel
1.047

Canada
1.599

India
1.835

ADV
$103.01m

ADV
$8,500m

ADV
$135.30m

$0
Sweden
1.024

China
3.708

Luxembourg
8.500

UK
12.583

US
70.391

ADV = Average deal value

Internet DealBook

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

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
0.164

Europe
2.121

Asia/Pacific
4.123

North America
20.158

ADV = Average deal value

Internet DealBook

Global Overview - Investments

Number of investments by region

North America 520

Europe 223
"TJB1BDJlDn
Rest of World 32

Internet DealBook

Global Overview - Acquisitions

Acquisition value by region ($bn)
$60
ADV $62.45m
$50

$40

$30

ADV $515.13m

$20

$10

ADV $128.56m

$0

Rest of World
1.028

ADV $104.12m

Asia/Pacific
3.124

Europe
22.150

North America
51.833

ADV = Average deal value

Internet DealBook

Global Overview - Acquisitions

Number of acquisitions by region

North America 1206

Europe 170
"TJB1BDJlDn
Rest of World 26

Internet DealBook

Sector Overview
Sectors by deal value ($bn)

ADV
$94.03m

$60

$50

$40

$30

$20
ADV
$55.37m

ADV
$40.22m

ADV
$41.39m

ADV
$40.78m

$10

ADV
$15.62m

ADV
$33.33m

$0

Mobile & Apps

Transactions

Games

Ecommerce

Media

Marketing

2.906

3.166

3.654

6.315

7.244

9.053

ADV
$279.09m

Hardware &
Infrastructure
12.559

Software
& Services
59.804

ADV = Average deal value

Internet DealBook

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

Sector Overview - Investments

Sectors by deal value ($bn)
ADV
$12.38m

$7
$6
ADV
$30.73m

ADV
$30.44m

Transactions

Ecommerce

Media

2.594

4.456

4.596

$5
$4
$3
$2

ADV
$20.92m

ADV
$8.35m

ADV
$10.04m

ADV
$78.28m

ADV
$31.63m

$1
$0

Games

Mobile & Apps

Marketing

1.088

1.437

1.897

Hardware &
Infrastructure
2.192

Software
& Services
6.720

ADV = Average deal value

Internet DealBook

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

Sector Overview - Acquisitions

Sectors by deal value ($bn)
ADV
$496.11m

$60

$50

$40

$30

$20

$10

$0

ADV
$216.85m

ADV
$44.02m

ADV
$104.95m

ADV
$132.74m

ADV
$183.31m

ADV
$110.31m

Transactions

Mobile & Apps

Ecommerce

Games

Media

Marketing

0.572

1.469

1.858

2.566

2.647

7.156

ADV
$575.96m

Hardware &
Infrastructure
10.367

Software
& Services
53.084

ADV = Average deal value

Internet DealBook

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

IDB Population Index (excl Skype deal)

Total deal value/population
$240
$220
$200
$180
$160
$140
$120
$100
$80
$60
$40
$20
$0

Finland
10.54

Singapore Czech Republic Ireland

12.65
23.31
32.57

Australia
39.06

Canada
46.99

Sweden
112.69

Israel
140.15

UK
200.69

US
224.73

Country population statistics from Internet World Stats

Internet DealBook

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
12.65

Czech Republic
23.31

Ireland
32.57

Australia
39.06

Canada
46.99

Sweden
112.69

Israel
140.15

UK
200.69

US
224.73

Luxembourg
16888.47

Country population statistics from Internet World Stats

Internet DealBook

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
18.35

Czech Republic Jordan

35.55
39.28

Australia
49.91

Ireland
50.01

Canada
59.31

Sweden
121.96

Israel
199.00

UK
244.60

US
287.31

Country internet user statistics from Internet World Stats

Internet DealBook

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

35.55

Jordan
39.28

Australia
49.91

Ireland
50.01

Canada
59.31

Sweden
121.96

Israel
199.00

UK
244.60

US
287.31

Luxembourg
20023.56

Country internet user statistics from Internet World Stats

Internet DealBook

For lists of deals, investments, and acquisitions, by

geography and sector, visit InternetDealBook.com
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Disclaimer
The 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 Sources
All information contained in this presentation was sourced using Internet
DealBooks 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.

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