Yahoo-Tumblr is among top 10 tech deals in 2013
Yahoo has agreed to pay USUS$1.1 billion to buy blogging forum Tumblr, ranking it in among the top 10 tech deals announced this year, according to research firm Dealogic. Here’s a list of the top 10 tech mergers and acquisitions this year. Valuation is based on Dealogic’s criteria and includes debt:
1. Dell, to Silver Lake Management (original bid), Feb. 5, this year, US$20.7 billion for 85 per cent of company;
2. Dell, to Icahn Enterprises and Southeastern Asset Management (competing bid), March 25, this year, US$18.9 billion for 87 per cent of company;
3. BMC Software, to Bain Capital Partners and others, May 6, this year, US$7.2 billion;
4. Acme Packet, to Oracle, Feb. 4, this year, US$2 billion;
5. Allflex Holdings, to BC Partners, May 3, this year, US$1.3 billion;
6. BGC Partners (eSpeed platform), to NASDAQ OMX Group Inc., April 1, this year, US$1.2 billion;
7. Tumblr, to Yahoo, May 20, this year, US$1.1 billion;
7. (tie) CompuCom Systems to Thomas H Lee Partners, April 8, this year, US$1.1 billion;
9. Power-One, to ABB, April 22, this year, US$1.03 billion;
10. Open Solutions, to Fiserv, Jan. 14, this year, US$1.02 billion.
Source: Dealogic.
