FT.com / Companies / IT - IT deals surge to highest level in 6 years
IT deals surge to highest level in 6 years
By Maija Palmer in London
Published: January 21 2007 22:06 Last updated: January 21 2007 22:06
Global merger and acquisition levels in the technology sector broke through the €100bn barrier in 2006, for the first time since the height of the dotcom boom in 2000.
According to figures published on Monday by PriceWaterhouseCoopers, merger and acquisition values were boosted by 18 mega deals, transactions with a value of more than €1bn. The largest of these was the €11.1bn merger of France’s Alcatel with Lucent Technologies of the US.
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