Last year was a busy one for technology mergers and acquisitions, with Dialogs reporting $612.9 billion in deals globally. Recent big-name acquisition announcements include AT&T buying Time Warner and Microsoft picking up LinkedIn.
As Business Report details in a feature from the current issue, analysts expect the pace of tech M&A to remain brisk throughout 2017, and Baton Rouge hasn’t been left out.
Early this year, General Informatics purchased fellow local IT firm Teknarus, which itself acquired assets of InfiniEDGE Software the previous spring.
And General Informatics isn’t done. It’s preparing to close on another acquisition, though company CEO Mo Vij declined to provide specifics. Still, Vij expects to see more mergers and acquisitions in the tech sector, driven by customer expectations and the growing complexity of the field.
J. Smith Thomas, head of business technology consultant BIG Networks, agrees that tech mergers and acquisitions are likely to happen more frequently in the near future. But he’s doesn’t think growing through M&A is necessarily a good idea.
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