Technology M&A saw notable West-to-East value shift in 2016. Here’s why

SINGAPORE (March 14): Technology mergers and acquisitions (M&A) have hit an all-time global value record of US$466.6 billion ($660.1 billion) in 2016.

According to the EY Global technology M&A report: October-December 2016 and year in review, this marks the highest value recorded in global technology industry, and 2% more than the prior record set in 2015 of US$419.6 billion.

The 2016 aggregate deal value was driven mainly by Asia-Pacific and Japan (APJ) where aggregate value soared 174% to a record breaking US$141.4 billion during the period mainly on disruptive cloud, mobile, social and data analytics deals.

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