Insights & News

Technology M&A market surges

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From April to June this year, the value of global technology M&A almost doubled to $52bn, up from $27bn, according to a recent Ernst & Young report.

Joe Steger, global technology transaction advisory services leader at Ernst & Young, said on the report’s findings: “New waves of innovation, especially around smart mobility, cloud computing and social networking, are now influencing the development of the entire global economy.”

Although some 61% of all disclosed-value deals was concentrated in the top ten deals, there was also significant deal-making at the other end of the spectrum, with a plethora of deals of less than $100 million.”

Posted Sep 2011
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