Marquee tech deals go from glut to rut as consolidations stall


  • TECH
  • Thursday, 14 Sep 2017

The logo of Israeli driverless technology firm Mobileye is seen on their office building in Jerusalem March 13, 2017. REUTERS/Ronen Zvulun

Where have all the big-ticket tech acquisitions gone? 

There’s been only one technology deal topping US$5bil (RM20.95bil) this year – Intel Corp’s US$14bil (RM58.66bil) takeover of Mobileye NV in March. Last year, a dozen technology deals of more than US$5bil (RM20.95bil) were announced. In 2015, there were seven. 

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Stiff business: Berlin startup will freeze your corpse for monthly fee
White supremacist, Nazi content spread on Steam game service
After Trump’s victory, US election falsehoods shift left
Review fatigue? Consumers are less likely to share feedback after a purchase
AI weather models have shown promise this hurricane season
AI could help scale humanitarian responses. But it could also have big downsides
Australia’s plan to ban children from social media proves popular and problematic
Blizzard brings back old ‘Warcraft’ games as global franchise turns 30
Russians say YouTube access ‘restored’ after plea to Putin
Activist: ‘Terrible’ AI has given tech an existential headache

Others Also Read