This IDC study provides an overview and analysis of M&A deals in 2013 across all major sectors of the information and communication technology (ICT) industry, including enterprise IT infrastructure, telecommunications, enterprise applications, IT services, semiconductors and components, and digital media. It also discusses the different business, financial, and technology trends affecting M&A activities in the ICT industry.
"Tech M&A activity in 2013 was characterized by fewer, larger deals, which pushed M&A spending to post-recession record. At the same time, the IPO market continued to heat up as the Nasdaq registered its best annual performance since 2009 and reached its highest level since 1999. IDC's analysis of M&A valuation trends shows increased contrast between big-ticket transactions with low revenue multiples in traditional ICT domains, and 3rd Platform-related deals with significantly higher multiples, which totaled nearly $30 billion in 2014. As macroeconomic conditions across all regions are gradually improving, IDC expects increased IT spending driven by 3rd Platform technologies that may in turn spur a wave of M&A activity in 2014." - Dan Yachin, research director, IDC EMEA Emerging Technologies.