Bengaluru,Mercom Capital Group, llc, a communication and consulting firm specializing in health care technology and clean energy, today released the health care IT M&A and funding activity for the second quarter of 2010. $118 million was invested in six transactions compared to $82 million for eight transactions during Q1. Merger and acquisition (M&A) activity for the sector saw a decrease in the number of deals, but a significant increase in values with several large M&A transactions announced during the quarter. Out of nine M&A transactions, five of them were disclosed for a total of $2.2B compared to the first quarter with a total of 27 deals of which six were disclosed for $617.5M.

Raj Prabhu, Managing Partner of Mercom Capital Group, commented, Q2 was a strong quarter for the health care technology sector with a lot of activity, both in equity investments and with some significant M&A transactions. Notable transactions for the sector included a series C raise of $60M by Castlight Health, a $685M acquisition of Phase Forward by Oracle and the $1.3B merger of Allscripts and Eclipsys.
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About Mercom Capital Group

Mercom Capital Group is a communications and consulting firm with offices in the US and India. Mercom delivers highly respected industry market intelligence reports covering Health Care Technology, Solar Energy, Wind Energy and Smart Grid. Our reports provide timely industry happenings and ahead-of-the-curve analysis specifically for C-level decision making. Mercoms consulting division advises companies on new market entry, custom market intelligence and overall strategic decision-making. Mercoms communications division helps companies build powerful relationships with media, analysts, government decision-makers, local communities and strategic partners.