Tech M&A: Signs Of A Rebound?

Feb. 10, 2024 1:40 AM ETHPE, JNPR, SNPS, ANSS, AVGO, VMW, MSFT
Neuberger Berman
3.05K Followers

Summary

  • Mergers and acquisitions activity among investment grade technology companies has been relatively muted over the last couple of years.
  • A combination of higher rates, which increased the cost of capital, and slower IT spending growth made companies cautious in pursuing inorganic growth.
  • Thus far in 2024, however, we have seen green shoots in M&A activity as some of these constraints abate.

Businessmen making handshake with partner, greeting, dealing, merger and acquisition, business cooperation concept, for business, finance and investment background, teamwork and successful business

Tippapatt

By Ronnie Kihonge

Conditions for IG tech deals are improving, creating potential for sector overhang but, in our view, limited credit impact.

Mergers and acquisitions activity among investment grade technology companies has been relatively muted over the last

This article was written by

3.05K Followers
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 23 countries, Neuberger Berman’s team is more than 2,100 professionals. For five consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). Tenured, stable and long-term in focus, the firm has built a diverse team of individuals united in their commitment to delivering compelling investment results for our clients over the long term. That commitment includes active consideration of environmental, social and governance factors. The firm manages $323 billion in client assets as of March 31, 2019. For more information, please visit our website at www.nb.com.For important disclosures: https://www.nb.com/disclosure-global-communications  Contact Us: Advisor Solutions (877) 628-2583 advisor@nb.com RIA & Family Office (888) 556-9030 riadesk@nb.com

Recommended For You

Related Stocks

SymbolLast Price% Chg
HPE--
Hewlett Packard Enterprise Company
JNPR--
Juniper Networks, Inc.
SNPS--
Synopsys, Inc.
ANSS--
ANSYS, Inc.
AVGO--
Broadcom Inc.

Related Analysis