Enterprise apps mergers and acquisitions generated $36 bln in 2005

According to IDC, the worldwide enterprise applications market saw a spectacular amount of merger and acquisition activities in 2005. The number of deals in 2005 climbed to 199, compared with 144 in 2004, and the value of these deals more than doubled to over $36 bln. In addition, there were seven deals worth more than $1 bln in 2005, compared with only one in 2004.