(PRWEB) August 16, 2012
Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC reports that a new PwC reports shows that although deal volumes are declining as a result of global economic trends, technology industry acquirers remain the most active among businesses.
In fact, Big4.com notes that technology deals are still generating 20 percent of U.S. merger and acquisition (M&A) deal volume so far this year. After a robust first quarter of IPO activity, PwC’s US technology M&A Insights report highlights the fact that technology IPOs pulled reversed in the second quarter with 10 listings recorded compared to 13 in the previous quarter. The decline reflects an overall US IPO trend, which saw IPO volumes decrease 39 percent from the first quarter.
Rob Fisher, PwC’s U.S. technology industry transaction services leader commented:
“The higher market volatility triggered an increasing number of consortium deals by private equity buyers, minority stake transactions and growing patent acquisitions,” he said “Driven by the hyper-competitive technology landscape, tech players are becoming more aggressive in expanding patent portfolios to defend market positions, pointing to greater creativity in the continuous race for growth and innovation.”
Big4.com is the accounting, tax, consulting and IT professions’ premier resource, and has been exclusively focused on Big Four firm professionals and alumni for 10 years, providing high quality content, connectivity and commerce. The Big Four Job Board offers fresh job opportunities – clients include the world’s leading companies. Big Four News covers key news, developments, events, survey results, press releases and appointments. The Big Four Blog provides opinion and insight on recent and key developments, news, happenings, management changes, regulations, acquisitions and capital market activities. Big4 Video is a professionally produced news covering key global developments in this space.
Big4.com has a strong presence on key social media platforms:
Youtube: Big4Video is a professionally produced weekly news magazine.
Twitter: twitter.com/big4 has 9,500 followers.
LinkedIn: The Big Four Alumni and Professionals group is the largest corporate and alumni group with 100,000+ members.
Facebook: The Big4 fan page has 7,500 fans at facebook.com/big4page.
Xing: The Big Four Alumni and Professionals group has 1,450+ members.
- Kristy Short