Tech.eu publishes EU tech M&A report for Q1 2015
Summary
To wit, the maturation of the EU-wide technology industry is now even more measurable and quantifiable than before, and Tech.eu will continue to closely track deals and improve our reporting of the data. The two IPOs tracked last quarter – Finnish provider of mobile consumer loans Ferratum and Italy’s e-commerce giant Banzai – also made the list. Rocket Internet paid €496 million for a 30% stake in takeaway food ordering company Delivery Hero, which we considered significant enough an acquisition to be listed as a purchase rather than a funding round. Also see: An interview with NASDAQ exec Adam Kostyál about Europe’s potential for future tech IPOs There are also several major acquisitions and mergers underway that have not fully closed yet, or remain unconfirmed despite solid media reports, including Yoox / Net-a-Porter, Canon / Axis, Interxion / Telecity, Brother / Domino and Microsoft / N-trig. Notable buyers included Apple (Semetric), Microsoft (Equivio), Intuit (Porticor), PayPal (CyActive), Dropbox (CloudOn), Tencent (majority stake in Miniclip), Cheetah Mobile (MobPartner), Autodesk, (Modio) and ARM (Offspark), among others.