GSA reports decrease in annual semiconductor funding, IPO and M&A activity

USA: GSA has released the December/Q4/12M 2011 statistics from its Global Semiconductor Funding, IPO and M&A Update, including:

* In December 2011, four semiconductor companies (i.e., fabless companies, integrated device manufacturers (IDMs) and semiconductor suppliers) raised $44.7 million, an increase of 101.4 percent from November 2011 (Note: While all companies disclosed amounts in December, three companies did not disclose funding amounts in November 2011, which may affect results.)

* In Q4 2011, 15 semiconductor companies raised $89.1 million, a dollar amount decrease of 66.8 percent from Q3 2011 and 55 percent from Q4 2010. (Note: Four companies did not disclose funding amounts in Q4 2011 as compared to one in Q3 2011 and four in Q4 2010, which may affect results.)

* For the 12 months ending December 31, 2011, 83 semiconductor deals raised $1032.9 million, a dollar amount decrease of 15.8 percent YoY.

* The fourth quarter ended with no filings or pricings in December.

* 2011 saw a total of 11 semiconductor companies list on a stock exchange, a decrease of seven YoY.

* In December 2011, the number of semiconductor mergers and acquisitions (M&As) announced (i.e., M&As involving entire fabless, IDM and semiconductor supplier companies, not sectors/product lines or foundry facilities) increased by six MoM and five YoY.

* In Q4 2011, 23 semiconductor M&A deals were announced, a decrease of two QoQ and five YoY.

* For the 12 months ending December 31, 2011, 109 semiconductor M&A deals were announced, a 2.7 percent decrease YoY.