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Why Dealmakers Expect Tech M&A to Keep Up Its Red-Hot Run
Bloomberg 1/24/2021 Liana Baker and Katie Roof
(Bloomberg) Dealmakers say technology CEOs are pondering their dream deals after a record year for global tech M&A that saw mega-transactions in areas from chips to enterprise software.
Global volume for tech and internet mergers and acquisitions reached $470 billion in 2020, second only to the dot-com bubble of 2000, according to data compiled by Bloomberg.
Salesforce.com Inc.’s December announcement that it was buying Slack Technologies Inc. for $25 billion the largest software deal of the year could spur other companies to revisit their wish lists, advisers said.