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The 20-year industry veteran veteran, examined activity during the fourth quarter of 2012 and found sellers wanted to wrap up their deals quickly at the time.
As of February 2013, 16 deals in the defense and government services market closed for the calendar year and 55 transactions were announced in 2012’s fourth quarter, Kipps found.
He also highlighted how companies are pursuing high-growth areas such as health, collaboration and cloud computing, data analytics and C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance).
Certain areas of intelligence are also prime targets for buyers, according to Kipps, despite current pressures on budgets in that sector.