The data is in and 2014 is shaping up to be a blockbuster year
for M&A in the global technology sector. According to Ernst & Young, the aggregate
value for technology M&A deals worldwide in the third quarter
of 2014 set a new post-dotcom-bubble era record of US$73.7 billion,
which is up 41% from Q2. In addition, by the end of Q3, the
aggregate value for technology deals in 2014 already totaled
US$192.7 billion, which is 2% higher than the total value for 2013.
A new record was set since the year 2000 in Q3 for volume of deals,
with 923 deals reported, while a record was tied since the first
quarter of 2000 with 19 deals above $1 billion in the third
quarter.
So what is driving M&A growth in the technology space? A
highly liquid capital market and competition in the technology
sector have created a favourable acquisition environment. Further,
according to a recent report in Financial Worldwide, private
equity funds are sitting on record amounts of liquid