• 14-JAN-2011

  • By PwC

PwC Reports a Window of Opportunity for Technology Mergers & Acquisitions in 2011

PricewaterhouseCoopers HQ, London
The alignment of cash-rich trade buyers, private equity sponsors with funds to invest and continued improvement in financing liquidity is opening a window of opportunity for technology mergers and acquisitions (M&A) activity, says a new report by PwC. Compared with the cyclical low in 2009, technology sector deal volumes recovered over the course of 2010, while deal values rebounded more strongly. Some 393 deals completed in 2010 (up 32 per cent from 2009) with a total value of €75.7bn – more than double the value completed in 2009 (€36.8bn). The recovery in M&A activity remains relatively cautious with both deal volumes and values still some way off the highs of 2007 and 2008. 2010 saw the US players regain their dominant position in terms of global transaction volumes, accounting for 39 per cent of all global deals. Available video includes soundbites from Andy Morgan, Corporate Finance partner of PwC.