M&A activity in technology sector seen staying strong over the next year
Singapore
WHILE the pace of technology M&A has slowed in the first three quarters of the year, dealmakers still expect technology M&A to remain strong over the next one year, underpinned by new innovations and demand from private equity (PE) firms.
A semi-annual survey of tech M&A leaders, conducted by 451 Research and law firm Morrison & Foerster, showed that 51 per cent of those polled expect deal flow to pick up over the next year vis-à-vis the previous year. Meanwhile, only 19 per cent anticipate a slowdown in the next 12 months.
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