One of the most encouraging findings from Memoor’s annual report “The Smart Grid Business 2011 to 2016” is that in the space of 5 years M&A; have grown from $134 million in 2007 to $10.6 billion in 2011. Both the growth and now scale indicate the supply side is gearing up to meet the requirements for new technology and forecast demand for pure Smart Grid products and systems that could be worth a cumulative $2,000 billion over the next 20 years. However M&A activity slowed down in the last quarter of 2011 along with strategic alliance announcements. The decline in activity is hardly surprising given that the sovereign debt crisis in Europe started to hit financial markets in August and liquidity and confidence has since seriously deteriorated. M&A activity across virtually all manufacturing industries has yet to recover from its fall in 2008. Analysis of the M&A statistics; shows that both the volume and value […]