Search for growth in social, mobile fuels tech M&A boom
The search for game-changing technology capable of fueling growth in an uncertain economy is driving global tech mergers and acquisitions to a level not seen since the dotcom era.
What’s more, tech M&A is likely to increase, according to data from EY, the global professional services company formerly known as Ernst & Young.
Tech M&A centered around online and mobile payments, social networking, gaming and e-commerce in the last quarter, according to a report out Thursday from EA. Much of the activity appears to be driven by a desire to acquire disruptive technology.
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