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Tech Acquisitions on the Rise in Q3

Tech Acquisitions on the Rise in Q3

Venture funding rose to new heights last month, so it’s little surprise that venture-backed acquisitions are soaring along with it. Q3 2013 is the highest quarter since Q4 2010 saw 123 deals. This quarter, a new record was reached at 131 deals. Corporations like Yahoo and Google have been going on acquisition binges, which helped the number reach unprecedented heights.

The favored companies are in the software niche; of 350 venture-backed deals, 13% revolved around startups that provided software services.

You can read more at Crunchbase.

Image Credit: [Crunchbase]

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