An overwhelming majority of technology M&A growth will continue to be captured by technology products and services related to the five transformative technology megatrends. Technology and non-technology companies are being driven to buy companies in these megatrends to help transform themselves to take advantage of growth opportunities. M&A growth in legacy products and services is virtually non-existent or negative.
"Gradually improving macroeconomic conditions, improved confidence, increased stock market valuations and the need for companies to respond to the transformative impact of the five megatrends - smart mobility, cloud/SaaS, social networking, big data analytics and accelerated adaptation, all point to a steady, gradual increase in technology M&A activity over the next several quarters," concludes Steger.
Notes to editors
About the report
Global technology M&A update: January-
is based on Ernst & Young's analysis of The 451 Group M&A Knowledgebase data for 2012 and 2013. Deal activity and valuations may fluctuate slightly based on the date the database is accessed.
The full report is available at
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