Tech M&A: Not Dead, Just Resting
The number of tech mergers and acquisitions fell precipitously in the fourth quarter of 2008, giving rise to fears that the market for software companies would dry up in 2009. But one investment bank says those worries are unfounded.
Despite the downturn, Software Equity Group, an investment bank and M&A advisory firm serving the tech sector, expects deals to get done at the same rate as 2008. That opinion is based partly on the firm’s own analysis and partly on a survey that asked tech companies about their M&A plans for the coming year. (And, yes, companies like Software Equity Group make money every time they match a buyer and a seller.)
On the surface, it looks like a bad time for deals.
