Analysis of the key themes driving M&A activity reveals that smart hospitals accounted for 12 technology deals announced in Q3 2023, worth a total value of $187.2m. The $125m acquisition of Scibids Technology by DoubleVerify 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, smart hospitals-related deal activity decreased by 53% in Q3 2023 compared with the previous quarter’s total of $400.3m and rose by 624% as compared to Q3 2022. Related deal volume decreased by 14% in Q3 2023 versus the previous quarter and was 500% higher than in Q3 2022.
The top-ranked financial advisors supporting these M&A deals in Q3 2023 were LUMA Partners; Svalner Skatt & Transaktion KB; Technology Holdings with 1, 1, 1 deals respectively.
The top-ranked legal advisors supporting these M&A deals in Q3 2023 were Cravath, Swaine & Moore; DLA Piper; Fasken Martineau DuMoulin with 1, 1, 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.