“Strategic planning is the continuous process of making present entrepreneurial (risk-taking) decisions systematically and with the greatest knowledge of their futurity…” In the mergers and acquisitions world in which we live, there is a longstanding syllogism among some that the best predictor of future behavior is past behavior. This philosophy is not limited to those in m&a. In “The Tempest” Shakespeare has a character remark that “what’s past is prologue”, and we know many people who subscribe to that theory when evaluating business opportunities. We, however, prefer to rely on Peter Drucker – who once said “strategic planning is the…
With the advent of HTML 1 in 1993, which standardized the language used to create web pages, the potential of the internet became unlocked. With applications written in HTML combined with a viable connection (and authorization), suddenly anyone could access a treasure trove of information from anywhere on the planet – and sometimes beyond. (Think Hubble and the Mars Rover). With HTML, the internet effectively sped up the process of globalization to light speed. What would be next?
Our latest M&A update on the recent transactions and values in the seven separate sectors of the fintech market that we follow and sometimes lead is HERE.
Our latest report on values and trends in the Enterprise Data and Analytics space (“EDA”) is HERE. As you will see, merger & acquisition activity in the EDA space continues to be strong – and m&a values high – in spite of the recent decline in market value for several publicly listed companies in this space. In fact, over the past few weeks we’ve seen several $1 billion+ acquisitions of public companies, including
The “electronification” of securities trading in the U.S. has been underway for more than two decades as global securities markets have moved away from open outcry and phone/voice trading and towards faster and more efficient electronic alternatives. Nasdaq launched its earliest version of an electronic bulletin board in 1971 and CME group launched its electronic platform in 1992. Old news. What is interesting is that – despite the misgivings of some the electronification of trading is continuing its upward march. In fact in some markets it has reached 90% and more of trading volume, as evidenced in the chart below from the Bank for International Settlements (BIS). Furthermore, it’s coming to markets that have traditionally resisted it.