Analysis of the key themes driving M&A activity reveals that sharing economy accounted for 2 technology deals announced in Q1 2024, worth a total value of $160m. The $160m acquisition of Gett by Pango Mobile Parking was the industry’s largest disclosed deal. GlobalData’s Tech, Media and Telecom (TMT) Industry Mergers and Acquisitions Deals by Top Themes report for Q1 2024 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, sharing economy-related deal activity decreased by 81% in Q1 2024 compared with the previous quarter’s total of $850m. Related deal volume remained flat in Q1 2024 versus the previous quarter.
For further understanding of GlobalData's Tech, Media and Telecom (TMT) Industry M&A Deals by Top Themes in Q1 2024 – Thematic Intelligence, buy the report here.
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