Invest in the dip, or study themes?
COVID-19 has place the brakes on M&A exercise in the technological know-how, media and telecommunications (TMT) sector, but the reduced firm valuations might supply Major Tech and deep-pocketed money very long-time period prospects really worth greedy.
That is according to a new report from GlobalData, which notes that following a buoyant 2019, tech M&A exercise has taken a strike from COVID-19, with Q1 2020 deal values down by 26 p.c and declines tracked across all of the TMT sectors.
It names chipmakers AMD, Micron and Xilinx as between the eye-catching prospects on the components facet (alongside with Nutanix, Pure Storage, and Ubiquiti, between other people), although on the program facet protection corporations dominate its listing, such as Rapid7, Palo Alto Networks, Qualys and Splunk, between other people).
In the initial quarter of 2020, a overall of 150 M&A discounts with