Cloud, smart mobility drive tech M&A in Q2
Grazed from CBROnline. Author: Editorial Staff.
Cloud and smart mobility have been responsible for about 42% of technology deal, with the global technology M&A rising by 57% to $52.4bn this year, a new report revealed. The latest report from Ernst & Young revealed that the disclosed value of M&A deals rose by 70% to $119bn during the second half of 2014, while the value dropped 21% in 2Q14 compared to Q1.
Ernst & Young Global Technology Industry Transaction Advisory Services leader, Jeff Liu, said: "Global technology M&A is on course for a blockbuster year in 2014. Technology companies are cash rich, and interest rates are low…


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