Content destinations and content management software companies each represented 4% of the Internet M&A activity last year, according to Webmergers. Most of the activity was in infrastructure, consulting, and access businesses.
Buyers last year acquired 1,087 Internet-related properties for total spending of $23.3 billion, 15% fewer companies for 70% less money. In 2001, acquirers bought 1,283 Internet-related companies for a total deal value of $78 billion.
Top 10 Internet Categories – 2002
|Sector||% of 2002 spending|
|Outsourced business services||5%|
|Internet systems integration||5%|
Source: Webmergers Database
Apparently, even the bottom-feeders aren’t interested in the content business. At least not yet.