Tech Industry M&A Market Holds Strong

By Dennis McCafferty

While the number of tech industry merger and acquisition (M&A) deals dipped slightly in the third quarter from the second quarter, the total value of the deals represents a modest increase, according to recent research from PwC. The study indicates the steady, positive momentum is supported by recent "megadeals," which will continue to make for an active market. In terms of biggest acquisitions in the third quarter, Informatica emerged as the winner, acquired by Permira Advisers and the Canadian Pension Plan Investment Board. Software stands out as the strongest overall IT sector for M&A deals, followed by hardware, the Internet and IT services. "Despite a modest decline in deal volume, and increasing uncertainty in capital markets, new deal announcements remained prominent, and middle market deals continued to exhibit strength," reads the report. PwC based its research on data compiled by Thomson Reuters, along with additional, independent research. Channel Insider looks at key findings.

This article was originally published on 2015-11-10