Monday 1 February 2021

NEWS ANALYSIS Noteworthy technology acquisitions

 Amid the coronavirus, 2020 was unpredictable in more ways than anyone would have expected. But one thing that stayed fairly constant was the steady flow of mergers and acquisitions (M&A) across the tech sector.

Global tech M&A deals last year totaled $634 billion, a 91.8% year-over-year increase, according to GlobalData. Among a late flurry of big deals was the $35 billion acquisition of Xilinx by Advanced Micro Devices and Salesforce's computer science engineering acquisition of Slack.As for whether 2021 will maintain last year’s pace, if January is anything to go by, there will be no slowing of big deals across the industry, with silicon innovations and collaboration software already proving to be hot areas. Here are the biggest enterprise technology acquisitions of 2021 so far, in reverse chronological order.

“Bringing Peakon into the Workday family will be very compelling to our customers – especially following an extraordinary past year that has magnified the importance of having a constant pulse on employee sentiment in order to keep people engaged and productive,” Aneel Bhusri, cofounder and co-CEO of Workday said in a statement.


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