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AI, Iot and Data Centers Were the Key Drivers of M&A Deals Over Last Two Years, Says GlobalData

July 10, 2019 / MTS Staff Writer

Artificial intelligence (AI), the Internet of Things and data centers were the key drivers behind mergers and acquisition (M&A) activity over the last two years, according to GlobalData, a leading data and analytics company. In 2018, the total transaction value of M&A deals announced in the global TMT sector reached $630bn, up 23% from 2017 and significantly ahead of other markets in both 2017 and 2018, according to GlobalData’s Deals Database.GlobalData’s latest thematic report, Mergers & Acquisitions in Technology Media and Telecoms (TMT), reveals the most notable deals over the last five years, identifies their key thematic drivers, and predicts potential future acquisition targets.