Deals
U.S. Tech Giants’ Hunt for Targets Leads to U.K. Prey: Real M&A
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In a year when technology deals are set to break records, U.K. targets are proving popular.
About $20 billion of deals were struck for British technology companies in the last 12 months, almost double the amount spent a year earlier. U.S. buyers accounted for about half the acquisitions. They included Qualcomm Corp.’s offer for chipmaker CSR Plc and Equinix Inc.’s for Telecity Group Inc. -- both set to close soon.