The report comes after a period of vigorous M&A in ad tech, especially around data-management platforms and similar companies. Among the mergers signed or completed in the first half of the year were Oracle's BlueKai acquisition, IgnitionOne's Knotice buy, Lotame's AdMobius acquisition, Google's purchase of Adometry and AOL's snap-up of Convertro.
The marketing segment saw the biggest increase in activity compared to second half 2013, with a 7% increase in transaction volume making up 36% of total industry volume this year. Transactions in the digital marketing space made up 41% of volume in the marketing segment.
Internet media saw a rise in the value of deals compared with first half 2013, from $5.6 billion to $7.9 billion, a rise of 41%. This despite a drop in the volume of deals of 8%. Leading the rise in deal values were Hellman & Friedman’s acquisition of Internet Brands for $1.1 billion and YouTube’s acquisition of Twitch Interactive for a reported $1 billion.
The Berkery Noyes report includes data from 162 known transactions and estimated data from 688 projected transactions from the first half of this year.
Correction 7/14: The original version of this article described Lotame's purchase of DMP Knotice. IgnitionOne bought Knotice and DMP Lotame bought cross-device targeting company AdMobius. The changes have since been edited into the article.