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The
average exit of the 45 deals was $74 million, according to the
IVC Research Center and law firm Meitar Liquornik, which noted
that there was a drop in the number of deals in the January-June
period due to global decline in capital raising, particularly in
the United States and China.
There were another four private equity buyouts accounting for
$878 million and one initial public offering that raised $5.9
million.
The largest deals were the $811 million acquisition of EZchip by
Mellanox and the $643 million private equity buyout of Xura.
The survey noted that by the end of 2016, at least 100 exit
deals worth $7 billion will have closed, 13 percent below the
proceeds generated by 111 deals in 2015.
(Reporting by Steven Scheer)
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