The document summarizes research from Mind the Bridge and CrunchBase on startup acquisitions between US and European companies from 2012-present. Some key findings include: - US companies acquire 4 times as many startups as European companies. - 44% of European startups are acquired by US companies. - The top 15 acquirers are all US companies, with 11 from Silicon Valley. The first European company on the list is SAP at number 33. - London is noted as the top city in Europe for startup exits.

1. SEC2SV European Innovation Day
Computer History Museum, Mountain View (CA)
September 12, 2016
Alberto Onetti, Chairman, Mind the Bridge
Twitter: @aonetti
STARTUP TRANSATLANTIC M&AS
EU VS US

2. ARE THESE BELIEFS TRUE
OR JUST MORE OF THE MANY
SILICON VALLEY
MYTHS?
Acquisitions have played a central role in Silicon Valley’s success
Buying startups is one of the fastest ways for companies
to embrace disruption and keep innovating
ARE U.S. AND SILICON VALLEY
COMPANIES MORE ACQUISITIVE?

3. New research by Mind the Bridge + CrunchBase
15,230 M&A transactions completed since 2012
6,414 startup acquisitions
5,925 performed by US and European companies
STARTUP TRANSATLANTIC M&AS
US VS EU

4. US AND EUROPEAN COMPANIES
FOCUS THEIR M&A ACTIVITY IN THE US AND EUROPE

5. US COMPANIES ACQUIRE 4X
STARTUPS THAN EU COMPANIES

6. US STARTUPS ARE MORE EXPENSIVE
THAN EUROPEAN ONES

7. 44% OF EUROPEAN STARTUPS ACQUIRED BY US
COMPANIES

8. THE TOP 15 ACQUIRERS ARE ALL US
11 ARE FROM THE SILICON VALLEY

9. THE FIRST EUROPEAN
COMPANY IS SAP (33RD)
THE TOP 15 US COMPANIES
ACQUIRE 6X
THE TOP 15 MOST ACTIVE
EUROPEAN COMPANIES
HAVE ACQUIRED
APPROXIMATELY THE
SAME NUMBER OF
STARTUPS THAN GOOGLE

10. LONDON IS THE EXIT CAPITAL FOR EUROPE
(NO PUN INTENDED)

11. NOT ALL ECOSYSTEMS SHOW
A POSITIVE M&A BALANCE
BETWEEN
THE SELL (EXITS) AND
BUY (ACQUISITIONS) SIDE

12. THANK YOU
DOWNLOAD THE REPORT ON
WWW.MINDTHEBRIDGE.COM/RESEARCH