Biggest tech acquisitions of 2022
The economic downturn of 2022 hasn’t stopped the tech industry from engaging in merger and acquisition activity. Though deals have decreased by 40 percent in the first half of 2022, several firms and solution providers have negotiated pacts of up to billions of dollars.
Most of the acquisition activity is because of the overall decline in the stock market. When prices plunge and company valuations reduce, firms step in to bargain.