Telecommunication Media and Technology Rebounds with New Private Equity and Investment
All private equity and venture capital investment in the telecommunications media and technology in China rebounded to its new peak after a downturn early last year. The investment in the second half of 2013 have rebounded significantly with a deal volume that increased by 82 percent with a total deal value increasing by 49 percent as well.
230 private equity and venture capital transactions in the TMT industry for the third quarter of 2013 accounted for 48 percent of total investment tht reached almost US$1.9 billion which also represented 25 percent of the total private equity and venture capital deal value. And during the last quarter of 2013, the number of deals that involved TMT deals when up to 269 or 58 percent of total value and investment has reached US$ 3.45 billion or 47 percent of total. Financial experts say that the mobile subsegment is still the most competitive area for private equity investment.
Furthermore in the recent year the internet is fast becoming one of the key component in almost all mobile devices and smart phones which made investing in the mobile industry more attractive. Shenzhen is also one of the top three regions based on private equity and capital investment in technology and the internet.