In the Japanese technology industry, there were 59 M&A deals announced in Q3 2023, worth a total value of $3.5bn, according to GlobalData’s Deals Database. The $2.6bn acquisition of Itochu Techno-Solutions by Digital Value Chain Partners GK was the industry’s largest disclosed deal. GlobalData’s Tech, Media and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes report for Q3 2023 delvers into the transformative themes steering M&A landscape in the TMT Sector. The report unveils essential insights, spotlighting trends and shifts within the industry. Buy the report here.
In value terms, M&A activity in Japan increased by 1078% in Q3 2023 compared with the previous quarter’s total of $297.1m and rose by 546% as compared to Q3 2022. Related deal volume decreased by 37% in Q3 2023 versus the previous quarter and was 13% lower than in Q3 2022.
The top-ranked legal advisorss supporting these M&A deals in Japan Q3 2023 were Mori Hamada & Matsumoto; Nishimura & Asahi; Nagashima Ohno & Tsunematsu with 2, 2, 1 deals respectively.
For further understanding of GlobalData's Tech, Media and Telecom (TMT) Industry M&A Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.