158604 Resource 125367 126221 200444 1171251474954 1210705884644 Controlled 2007 M&A Outlook

Updata Advisors 2006 Annual Review and Outlook on Information Technology M&A in 2007

<table cellspacing="0" cellpadding="0" width="95%" align="center" border="0"><tbody><tr><td>IN THIS ISSUE:</td></tr><tr><td> As we enter 2007, Updata celebrates 20 years of serving our clients with superior information technology (IT) M&A advisory services amidst a highly active market. In Updata Capital’s 2007 Outlook, we provide our thoughts on factors influencing M&A activity across major sub-sectors of the information technology industry including:   <img height="10" src="http://clients.dcwebdesigners.com/Updata/Feb2007/images/block.jpg" width="10" /> Infrastructure Software: Adoption of virtualization technologies and service-oriented architecture (SOA) is presenting new convergence opportunities across the stack, sustaining M&A activity and rising multiples.  <a href="edit-item/158604#story1">Read More >></a> <img height="10" src="http://clients.dcwebdesigners.com/Updata/Feb2007/images/block.jpg" width="10" /> IT Security: With record levels of consolidation in 2006, the sector is poised for accelerated consolidation in 2007 with valuations holding or improving as larger technology vendors seek to provide end-to-end solutions.  <a href="edit-item/158604#story2">Read More >></a> <img height="10" src="http://clients.dcwebdesigners.com/Updata/Feb2007/images/block.jpg" width="10" /> Application Software: Strategic and financial buyers are vying for innovative companies leveraging SaaS, business analytics, service-oriented architecture (SOA) and open source technologies to address new markets.  <a href="edit-item/158604#story3">Read More >></a> <img height="10" src="http://clients.dcwebdesigners.com/Updata/Feb2007/images/block.jpg" width="10" /> Internet: Web 2.0’s strong deal activity with high valuations for smaller deals is differentiated by targets showing greater revenues and clearer paths to profitability.  <a href="edit-item/158604#story4">Read More >></a> <img height="10" src="http://clients.dcwebdesigners.com/Updata/Feb2007/images/block.jpg" width="10" /> IT Services: Key trends include bi-directional acquisitions between U.S. outsourcing firms and their offshore counterparts, strategic acquisitions of software technologies and private equity buyouts.  <a href="edit-item/158604#story5">Read More >></a></td></tr></tbody></table> 10 application/xml false enterprise application software infrastructure software internet IT services security Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.0; .NET CLR 1.1.4322; .NET CLR 2.0.50727; InfoPath.1) 127.0.0.1 127.0.0.1 fbartolomey 208.82.213.22 false true false false true 125367 blog blogsite/UpdataAdvisors/web