Welcome to the 2010 edition of Technology M&A Insights. This annual report by PricewaterhouseCoopers forecasts the outlook for M&A activity in the global technology sector in 2010 and reviews the challenges the sector faced during 2009.
M&A activity was significantly down in 2009, with global deal volume and value falling by 48% and 60% respectively, but the sector was notably less moribund than many others.
And with a number of mega-cap technology deals set to complete in the first quarter of 2010 and private equity returning to the market more aggressively, it signals an upturn in the market.
Successful completions will depend on vendor price expectations coming into line with those of acquirers, but if the majority of those deals currently in process close, we can expect a sharp pick up in transaction activity in 2010.