Technology M&A increased in 2004, according to PwC report

Technology M&A increases by 23% and further mid-market deal flow is anticipated throughout 2005

Technology M&A increased by 23% in 2004 with worldwide transactions totalling E155 billion ($201 billion), according to Technology Insights, a report by PricewaterhouseCoopers Advisory Group to gauge M&A activity in the technology industry. 

This upturn was driven by increased mid-market activity as well as an increased propensity for technology industry players to execute deals beyond their national borders. The report also found that the sector had become a mid-market story with transactions valued at between E10 million and E250 million representing 97% of UK technology deals and 89% of global technology M&A.