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Update: Technology and Software M&A Update – October, 2017

October, 2017

For the 2017 YTD period, Technology and Software transactions are on track with 2016 volume and are trading at significantly
higher multiples compared to 2016.

Select recent notable publicly announced M&A transactions:

– Cisco systems, inc. (nasdaqgs:csco) acquired appdynamics, inc. for approximately $4.03 billion.

– Inception parent, inc. acquired Rackspace hosting, inc. for approximately $4.95 billion.

– Micro focus international plc (lse:mcro) acquired Hewlett packard enterprise company, software business for approximately $8.73 billion.

– Oracle corporation (nyse:orcl) acquired netsuite inc. for approximately $7.08 billion.

– Siemens industry, inc. acquired Mentor graphics corporation for approximately $4.82 billion.