Sector Snapshot

M&A in the technology, media and telecommunications (TMT) industry is surging due to a variety of trends, including the soaring popularity of smart phones, tablets and other mobile devices, as well as the move to cloud computing. The sector is also benefitting from the cost-cutting measured induced by the recession that resulted in many companies underinvesting in research and development. For many companies today, it is cheaper and faster to buy rather than build technology.

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