NEW YORK, October 18, 2010 /PRNewswire-FirstCall/ --
- Results Show Six Straight Quarters of Growth in M&A Deal Volume, With a 68 Percent Increase From Q1 2009
The Q3 2010 IntraLinks Deal Flow Indicator(TM) (DFI) was released today and reports a 38 percent increase in global M&A deal activity in Q3 2010 versus Q3 2009. In the last quarter, deal activity is up nine percent compared to Q2 2010, a 68 percent increase from the Q1 2009 low.
The significant increase in M&A deal activity over the last 12 months has been driven largely by growth in the emerging markets. Asia-Pacific has led the momentum with a 54 percent increase in Q3 2010 compared to Q3 2009, followed by South America (52 percent), North America (40 percent) and lastly Europe/Middle East/Africa (28 percent). Globally, Q3 2010 average deal size is up six percent from Q2 2010, with the largest increases seen in deals in the emerging markets. Also, for the first three quarters of 2010, deal size is up 13 percent globally from the same period in 2009.
"Our Deal Flow Indicator also tracks a positive shift from certain industries. From Q3 2009, major deal increases have been experienced in the Telecom and Consumer Products industries and specifically in the last quarter there have been deal increases in the Energy and Life Sciences industries," said Matt Porzio, vice president of Product Marketing. "Overall there has been tremendous growth in M&A deal activity and we will continue to monitor momentum and track trends to share with the industry."
The overall positive trends are consistent with the following factors in the marketplace:
- General improvement and stability in the market - Impending tax environment changes and stockpiles of committed capital have provided the return of private equity buyers and sellers - Reduced strategic buyer fear of "double dip" recession resulting in more exploration of opportunities to supplement slow organic growth prospects and enter new markets
IntraLinks has been a leading global provider of M&A virtual data rooms for more than 10 years. The IntraLinks Deal Flow Indicator is calculated using the total volume of IntraLinks exchanges that were proposed for use by deal teams initiating projects during the previous quarter. The totals are then analyzed by global regions and compared to previous time periods. This report is based on observations and subjective interpretations of M&A deal activity and is not intended to be an indicator of IntraLinks' business performance or operating results for any prior or future period.
Read the Q3 2010 IntraLinks Deal Flow Indicator at http://www.intralinks.com/dealflow
IntraLinks (NYSE: IL) is a leading global provider of Software-as-a-Service solutions for securely managing content, exchanging critical business information and collaborating within and among organizations. More than 1.3 million professionals in industries including financial services, pharmaceutical, biotechnology, consumer, energy, industrial, legal, insurance, real estate and technology, as well as government agencies, have utilized IntraLinks' easy-to-use, cloud-based solutions. IntraLinks users can accelerate information-intensive business processes and workflows, meet regulatory and risk management requirements and collaborate with customers, partners and counterparties in a secure, auditable and compliant manner. IntraLinks counts 800 of the Fortune 1000 as users. For more information, visit www.intralinks.com or http://blog.intralinks.com. You can also follow IntraLinks on Twitter at http://twitter.com/intralinks and Facebook at http://www.facebook.com/IntraLinks.
Forward Looking Statements
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements that are not based on historical information relating to, among other things, expectations and assumptions concerning future business growth, and management's plans, objectives, and strategies. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. In particular, the risks and uncertainties include, among other things: the uncertainty of our future profitability; our ability to sustain positive cash flow; periodic fluctuations in our operating results; our ability to maintain the security and integrity of our systems; our ability to increase our penetration in our principal existing markets and expand into additional markets; our dependence on the volume of financial and strategic business transactions; our dependence on customer referrals; our ability to maintain and expand our direct sales capabilities; our ability to develop and maintain strategic relationships to sell and deliver our solutions; customer renewal rates; our ability to maintain the compatibility of our services with third-party applications; competition; our ability to adapt to changing technologies; interruptions or delays in our service; international risks; our ability to protect our intellectual property; and risks related to changes in laws, regulations or governmental policy. Further information on these and other factors that could affect our financial results is contained in our public filings with the Securities and Exchange Commission (SEC) from time to time, including our Registration Statement on Form S-1 (Registration No. 333-165991), which was declared effective on August 5, 2010, as well as our Quarterly Report on Form 10-Q for the period ended June 30, 2010 and subsequent filings with the SEC. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.
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SOURCE IntraLinks Holdings, Inc.