"We're on the second or third floor of what I think is a multi-year, rip-roaring upswing in tech M&A, said Wally Cheng, head of global technology M&A at Morgan Stanley. Every part of tech dealmaking is at an eight or nine out of 10. The value of all transactions in the tech sector has hit $1 trillion for the first time ever this year, data compiled by Bloomberg show."
"Sam Altman's OpenAI has secured major investments from the likes of SoftBank Group Corp. and Nvidia Corp. to support the build-out of new data centers, while BlackRock Inc.'s Global Infrastructure Partners led a consortium that struck a $40 billion deal for Aligned Data Centers. Elsewhere in the sector, Google parent Alphabet Inc. agreed a $32 billion acquisition of cybersecurity startup Wiz as a way to provide customers with new safeguards in the AI era,"
Tech mergers and acquisitions activity has surged into a record year, with total tech transaction value reaching $1 trillion for the first time. Major investments and deals are concentrated around artificial intelligence and the infrastructure that supports it, including funding for OpenAI and large data-center transactions. Strategic corporate buyers have returned to the market, pursuing transformational, often all-stock deals among competitors and adjacent players. High-profile acquisitions include large cybersecurity buys and multi-billion-dollar infrastructure purchases. Concerns remain about AI hype and the potential for a valuation bubble if real-world applications fail to justify prices, but AI is expected to fuel further growth and M&A.
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