Why dealmakers expect tech M&A to keep up its red-hot run

TheStar Sun, Jan 24, 2021 10:31pm - 3 years View Original


Some of the biggest-ever semiconductor and hardware deals were struck last year. They include: Nvidia Corp.’s $40 billion purchase of Arm Ltd.

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.

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