Tech market M&A activity remains solid

News

Tech market M&A activity remains solid

Simon Quicke

Mergers and acquisition activity in the tech market has remained solid with signs that valuations are holding up raising expectations next year could be a busy period for buyers.

The latest figures from Regent show that there were 216 transactions last month across Europe with combined valuations of $9bn. The month included the announcement that Attachmate was buying Novell for $2.2bn.

"other than the occasional eye-catching deal, there is a sense that the current flow of acquisitions are strategically very solid and valuations are based on healthy, but viable, financial metrics," stated the market watcher.

"2011 could be a year of quality transactions as cash-rich buyers seek targets than can generate quality earnings," it added.

Join the conversation Comment

Share
Comments

    Results

    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.