Value of PE-Backed Tech M&A Jumped 60% in Q2

Private equity investment in technology surged in second quarter. There were 777 tech M&A deals in second quarter valued at $52.1 billion. This is nearly double the value of the 628 deals that occurred in Q2 of last year that totaled $30.8 billion, according to Ernst & Young's "Global Technology M&A Update." PE showed a marked rise in transaction values. There were 76 PE-backed tech deals in Q2 valued at $8 billion. This is up 60% from the 51 deals in Q2 2010 that totaled $5 billion.

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