July 29, 2013 0 Comments
Internet DealBook Q2 Report 2013
Released this week, the latest quarterly report from Internet DealBook details the trends of 1,079 investments and acquisitions, representing USD14bn of value globally in the second quarter of calendar 2013. There were 1,079 deals in Q2 2013, a slight increase from the 993 recorded in the second quarter of 2012. It’s been another strong quarter for the Asia/Pacific investment ecosystem, posting the highest average deal values of any region at USD62.5m.
Benjamin Chong, partner of Right Click Capital, the group that publish Internet DealBook, commented on the changing global investment dynamics stating “people have lost a bit of interest in games, and there has been a shift to business related software and services. Investors have shifted their gaze to software and services because once a business starts paying, this kind of revenue tends to continue a lot longer than the latest game upgrade/update.”
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