Across the tech industry, 2015 has been a huge year for mergers and acquisitions.
And although there was a slight downtick in closed deals during the third quarter, the new Technology Deals Insights report from PricewaterhouseCoopers says the rest of 2015 looks to be a busy period for M&A deals in the tech industry.
“Despite a modest decline in closed deal volume, and increasing uncertainty in capital markets, new deal announcements have reached record levels, and middle market deals continue to exhibit strength,” the report says. “Recent megadeal announcements continue to shift the competitive landscape, with more than $100 billion in announced deals pending closure.”
Some key figures from the paper:
- 62 tech deals closed in the third quarter, worth $25.1 billion in total.
- There were few billion-dollar deals, but “deal values increased 3 percent while deal volumes declined 5 percent compared to the prior quarter.”
- Tech IPOs raised only $168 million in new proceeds, their slowest stretch since the first quarter of 2009.
If you’re into charts and graphs, PwC cooked up a few to illustrate the broader trends:
Embedded below is the rest of the report:
This article originally appeared on Recode.net.