Mega-deals boost technology M&A, says PwC report

The battle for top line growth and new customers drove the global value of technology mergers and acquisitions (M&A) up by almost 90% in 2005, with the top three deals accounting for over EUR 25bn alone. Despite an increase in deal numbers of just 2% to 589, 14 EUR 1bn+ technology deals helped lift overall deal value by 88% to hit EUR 97bn in 2005, according to the Technology Insights report just published by PricewaterhouseCoopers Corporate Finance.