More than 1,900 mergers and acquisitions took place in the information and communications technology sector in 2010 at a value totaling more than $200 billion, according to the latest IDC report.
The research found M&A activity in the information and communications technology sector made a strong rebound in 2010 as the global economy recovered and IT spending grew from the recession of 2008 to 2009.
Last years’s majority of M&A deals, according to IDC findings, were concentrated in application-related areas, including enterprise applications (586 deals) and Internet applications (421 deals). Activity also surged in the infrastructure segment where there were more than 219 deals led by strong interest in security and storage companies.
Intel's $7.7 billion deal for
"The renewed confidence accompanying the recovery in IT spending helped to make 2010 a turnaround year for technology M&A activity," said Dan Yachin, research director, emerging technologies at IDC in the announcement.
The years should follow as an active year, IDC expects. Companies will be more likely to make strategic investments in areas like converged infrastructure, mobile, analytics and pervasive computing, the report indicates.
The IDC study,
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