Bulletin

Tech deals reach highest level since dotcom boom

A report from EY has shown how deal-making in the technology sector has reached its highest levels since the dotcom boom, with the majority of deals over the past year deemed to be founded on 'reality-based' valuations. Overall, 3,512 mergers or acquisitions were completed in the global tech sector last year, at a total value of $237.6bn, the highest figure since 2000. The pace of growth did slowdown in the last quarter of the year, when 959 deals went through at a total value of $44.9bn. Around a third of the value came from "cross-border deals", with companies from across the world snapping up US companies. EY expects another year of strong technology M&A.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

 

Other Articles

Cornwall is a land steeped in legend but this salty business success story is no myth.

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

With the second-largest economy in Latin America, Mexico should be a core focus for UK exporters looking at the region

Travelstar European Ltd, one of the West Midlands’ leading coach hire companies, has moved to larger premises in Portland Street, Walsall,…

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

The UK’s aerospace industry is the focus of our second quarterly bulletin in partnership with EEF, the manufacturer’s organisation. We take…

Where Next?