Health care sector robust

摘要

While the overall pace of media deals slowed considerably last year because of the credit crunch, the health care information and technology sector continued to chug along.rnM&A activity in the sector had a combined value of $7.3 billion, an 83% increase from 2007, according to a recent report by media investment bank Jordan, Edmiston Group. There were 122 M&A deals completed in the sector in 2008, up 21 % from the previous year.rnBy contrast, the total number of transactions in media and information sectors fell 13% last year, declining to 758 deals from 872 in 2007, according to Jordan, Edmiston. Deal value plunged 68% to $33.3 billion, from $104.4 billion in 2007.