Business

Tech dealmaking rises while private funding falls in third quarter

Technology mergers and acquisitions deal values nearly tripled to USD 2.8 billion in the July-September quarter, offsetting a sharp fall in PE and VC investment to USD 301 million.

By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .

This story is no longer being updated. It reflects reporting up to .

What happened

Technology mergers and acquisitions deal values nearly tripled to USD 2.8 billion in the July-September quarter, offsetting a sharp fall in PE and VC investment to USD 301 million. Overall technology sector deals reached USD 3.5 billion, up 38 per cent from the previous quarter. PE investors are looking to consolidate distressed companies as investors become more selective.

Why it matters

Investors are prioritizing long-term financial and operational sustainability over rapid growth. Consolidation of struggling companies is seen as a route to new opportunities.

Timeline

  1. Oct 14, 7:04 AM ET: Investors were reported to be seeking long-term financial and operational sustainability over rapid growth.
  2. Oct 14, 9:32 PM ET: PE investors were reported to be looking for opportunities to roll up and consolidate distressed companies.
  3. Oct 15, 12:31 PM ET: Data showed technology M&A deal values nearly tripled to USD 2.8 billion while PE and VC investment fell to USD 301 million in the third quarter.

Coverage

More from Business

All Business news · Business story archive