A flurry of local acquisition activity this week suggests the merger market is rebounding, and that big corporations with deep pockets are increasingly courting Boston technology start-ups in the hunt for talent and technology.
In quick succession, computing giant IBM agreed to pay $800 million for cybersecurity start-up Trusteer Inc.; mobile advertising company Jumptap Inc. sold for $200 million; and Agero Inc., a provider of roadside assistance, sold off a big chunk of its business for $530 million in cash.
Those three acquisitions followed Twitter Inc.’s recent decision to buy three local start-ups and as much bigger Internet brands like Yahoo Inc. have been on corporate buying sprees of late.
“Corporations have been sitting on a lot of cash and they are finally starting to spend it,” said Jeff Christian, chief executive officer of Jeff Christian and Co. Full story for BostonGlobe.com subscribers.
Michael B. Farrell can be reached at email@example.com.