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AltAssets is the private equity news and research service from Almeida Capital
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PRINT THIS PAGE US VC-backed M&A activity reaches $10.5bn in Q302/10/2007. Source: AltAssets. 
In the third quarter of this year 90 venture-backed companies raised more than $10.5bn in M&A transactions, a 31 per cent increase over the $7.9bn raised during the same period last year; the highest quarterly amount since 2000, according to the Quarterly U.S. Liquidity Report released by Dow Jones VentureOne. 'So far this year, $28.4bn has been raised via M&A transactions and another $4.7bn raised in public offerings. This virtually guarantees that 2007 will be the largest year for venture-backed liquidity - both in terms of IPOs and M&As - in the US since the dotcom boom,' said Jessica Canning, director of global research for Dow Jones VentureOne. 'Yes, after several years of uncertainty, the "venture capital rebound" is officially over.'
IT companies accounted for the largest proportion of the capital raised via M&A, with 64 transactions accounting for $7.4bn, a 64 per cent increase from Q3 of 2006.
The largest M&A was the $812m acquisition of advertising firm Right Media by Yahoo!, totalling more than all the capital raised via IPO during the quarter.
Copyright © 2007 AltAssets
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