Thursday, October 20, 2005

Thurs - Euro tech M&A growth latest indicator of tech bull

The European technology sector saw a record number of merger and acquisitions bids in the 3rd quarter, outstripping even the levels seen during the peak of the tech bubble in the first quarter of 2000.

According to the latest European Technology Acquisition Review, published by Regent Associates, 820 acquisitions were announced in the three months to the end of September, beating the previous record of 781 in the first quarter of 2000.

The tech bull, driven by global M&A deals is roaring. And there's a way yet to run. Expect the public markets and tech IPO's in particular to start moving more agressively as well.

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