Merger and acquisition activity in the U.S. technology, media and telecommunications (TMT) sector will be robust at least well into 2019, driven by several factors, indicating higher M&A valuation for companies in this sector.
Merger and acquisition activity in the global TMT sector reached an all time high of 3,389 deals last year following a decade of high volatility. However, worldwide M&A transactions in the TMT sector in 2017 were worth a combined US$498.2 billion, down 26.3 percent from US$676.3 billion in 2016, according to S&P Capital IQ, which also reported deal activity for Q2 2018 aggregated at US$395.8 billion.
