IntraLinks Deal Flow Indicator Shows 15 Percent Year-on-Year Growth in Global Early-Stage Mamp;;A Activity for Third Qua
IntraLinks Deal Flow Indicator Shows 15 Percent Year-on-Year Growth in Global Early-Stage... -- NEW YORK, Nov. 15, 2012 /PRNewswire/ --
NEW YORK, Nov. 15, 2012 /PRNewswire/ -- IntraLinks® Holdings, Inc. (NYSE: [ IL ]), a leading, global technology provider of inter-enterprise content management and collaboration solutions, today announced the release of the IntraLinks Deal Flow Indicator ("DFI") for the third quarter of 2012. The DFI, which tracks global sell-side M&A mandates and deals reaching the due diligence stage prior to public announcement, presented a 15 percent increase in global merger and acquisition (M&A) deal activity compared to Q3 2011. All regions also showed a year-on-year positive trend for Q3 2012 over Q3 2011, with the strongest growth in North America (17 percent), with similarly positive trends in Europe/Middle East/Africa (EMEA) (12 percent,) Asia Pacific (15 percent), Latin America (10 percent).
Despite an overall increase in due diligence volume compared to Q3 2011, quarter on quarter numbers were varied, with a seven percent decrease globally. Asia Pacific was the only region to show an increase (29 percent), after a slowdown in Q2. All other regions showed declines, with North America showing the largest decrease (12 percent), while EMEA slowed by nine percent and Latin America decreased five percent.
"We've seen a bit of a 'hunker-down' mentality this quarter," says Matt Porzio, vice president, M&A product marketing at IntraLinks. "Dealmakers are working to close the current deal pipeline and build a new one for 2013. That has caused a lull while these deals get executed, and it seems unlikely that deals that get to market at the end of the third quarter will close by year end."
IntraLinks' Deal Flow Indicator results are based on the company's involvement in a significant percentage of M&A deals in the early stages of each transaction, providing a leading perspective on global deal activity. IntraLinks has been a global provider of M&A virtual data rooms for more than 10 years, providing a cloud-based platform that accelerates deals from the beginning to the end of the process. In today's economy, the ability to conduct due diligence on opportunities around the world and execute on deals that achieve value requires a concentrated strategy.
About IntraLinks
IntraLinks Holdings, Inc. (NYSE: [ IL ]) is a leading, global technology provider of inter-enterprise content management and collaboration solutions. Through innovative Software-as-a-Service solutions, IntraLinks solutions are designed to enable the exchange, control, and management of information between organizations securely and compliantly when working through the firewall. More than 2 million professionals at 800 of the Fortune 1000 companies depend on IntraLinks' experience. With a track record of enabling high-stakes transactions and business collaborations valued at more than $19 trillion, IntraLinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration solutions. For more information, visit [ www.intralinks.com ].
About the IntraLinks Deal Flow Indicator
The IntraLinks Deal Flow Indicator (the "DFI") is intended to provide IntraLinks' perspective on the level of M&A due diligence activity taking place during any given period of time. The statistics contained in the DFI represent the volume of virtual data rooms opened, or proposed to be opened, through IntraLinks for the purpose of conducting due diligence on proposed transactions including asset sales, divestitures, private placements, financings, capital raises, joint ventures, and partnerships. These statistics are not adjusted for changes in IntraLinks' share of the virtual data room market or changes in market demand for virtual data room services. These statistics may not correlate to the volume of completed transactions reported by market data providers and should not be construed to represent the volume of transactions ultimately consummated during any period of time. In addition, the statistics provided by such market data providers may be compiled with a different set of transaction types than those set forth above. For more information about the DFI, please visit [ http://www.intralinks.com/knowledge/intralinks-deal-flow-indicator ].
THIS PRESS RELEASE AND THE DEAL FLOW INDICATOR (COLLECTIVELY "THE MATERIALS") ARE PROVIDED "AS IS" FOR INFORMATIONAL PURPOSES ONLY. INTRALINKS MAKES NO GUARANTEE, REPRESENTATION OR WARRANTY OF ANY KIND REGARDING THE TIMELINESS, ACCURACY OR COMPLETENESS OF THE CONTENT OF THE MATERIALS. THESE MATERIALS ARE BASED ON INTRALINKS' OBSERVATIONS AND SUBJECTIVE INTERPRETATIONS OF DUE DILIGENCE ACTIVITY TAKING PLACE, OR PROPOSED TO TAKE PLACE, ON INTRALINKS' VIRTUAL DATA ROOM PLATFORM FOR A LIMITED SET OF TRANSACTION TYPES. THESE MATERIALS ARE NOT INTENDED TO BE AN INDICATOR OF INTRALINKS' BUSINESS PERFORMANCE OR OPERATING RESULTS FOR ANY PRIOR OR FUTURE PERIOD. THESE MATERIALS ARE NOT INTENDED TO CONVEY INVESTMENT ADVICE OR SOLICIT INVESTMENTS OF ANY KIND WHATSOEVER.
"INTRALINKS" AND THE INTRALINKS LOGO ARE THE REGISTERED TRADEMARKS OF INTRALINKS, INC. THE INTRALINKS DEAL FLOW INDICATOR MAY BE USED SOLELY FOR PERSONAL, NONCOMMERCIAL USE. THE CONTENTS OF DFI MAY NOT BE REPRODUCED, DISTRIBUTED OR PUBLISHED WITHOUT THE PERMISSION OF INTRALINKS. FOR PERMISSION TO REPUBLISH DEAL FLOW INDICATOR CONTENT, PLEASE CONTACT [ INFO@INTRALINKS.COM ].
Forward Looking Statements
The forward-looking statements contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are express or implied statements that are not based on historical information and include, among other things, statements concerning the DFI and IntraLinks' plans, intentions, expectations, projections, hopes, beliefs, objectives, goals and strategies. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control and could cause actual results to differ materially from those contemplated in these forward-looking statements. Accordingly, there can be no assurance that the results expressed, projected or implied by any forward-looking statements will be achieved, and readers are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements in this press release speak only as of the date hereof. As such, IntraLinks undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For a detailed list of the factors and risks that could affect IntraLinks' financial results, please refer to IntraLinks public filings with the Securities and Exchange Commission (the "SEC") from time to time, including its Annual Report on Form 10-K for the year-ended December 31, 2011 and subsequent quarterly reports.
IntraLinks undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.
SOURCE IntraLinks Holdings, Inc.
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