M&A Surge and Growth

Mergers and Acquisitions back on fire this past week

Introduction

The M&A field has been pretty stagnant this year with so little movement going on it barely was even noticed. However, this past week has brought a pulse back to the field with a surge of new trades and buyouts. IBM secured Apptio for $4.6 billion which was followed by Data Bricks announcing its buy of MosaicML for $1.3 billion. Thomas Reuters then came forward with its purchase of Casetext for $650 million, Thoughtspeed bought BI Platform Mode Analytics for $200 million, and Visa announced its offer to buy Brazilian fintech startup Pismo for $1 billion. A week worth $7.75 billion exchanging hands and shaping a new future. All this excitement in just one week after months of dead water leaves us questioning whether this fire will keep burning or was just a quick fizzle. The M&A world has been jumping at the excitement of all the new AI tech coming out and that’s clearly outlined with this last week's purchases, Databricks securing Mosaic for $1.3 billion just goes to show what the future holds for small startups in the tech industry.

In Conclusion

We have yet to see what the future brings for the tech business, but this past week could be a good indicator of things to come. With the pattern emerging from the excitement of AI, we can start to see the M&A industry shape its focus around buying businesses for their technology and advancements. We hope to see more of this excitement in the months to come as more corporations start to look to advance their own technology by offering startups an offer they can’t refuse.