Niche software & Telecommunications technologies are maturing into applications in 2017. Cloud computing and the Internet of Things have gone mainstream for many enterprises, changing the way many businesses operate and increasing interactions between suppliers and consumers. On top of that, drones, block chain, augmented and virtual reality are growing and will potentially reshape business models across varied industries.
In Q1 of 2017 there were 486 technology deals announced totaling $42.8 billion in deal value. Software & Telecommunications deals are the leading driver of the market in terms of both deal value and volume, contributing $22.9 billion represented from over 9 mega deals (deals over $1 billion). Compared with Q1 of 2016, total deal volume increased 28% and total deal value increase 2%.
Some of the mega deals include:
– Intel’s $15.4 billion acquisition of Mobileye, a software technology developer for driver assistance and vision systems for the automotive industry
– Cisco’s acquisition of AppDynamics, an application and business performance monitoring software company, for $3.7 billion.
– Capitol Acquisition Corp’s merger with Cision US, a developer of public relations and social media management software, for an estimated $2.4 billion.
Sub-sectors we service Include:
• IT Services & Consulting
• Internet Services
• Cloud Based Solutions (SaaS, PaaS, and DaaS)
• Big Data Analytics