U.S.-U.K. Tech Deals Hold Steady Despite Brexit, Deloitte Says

There is some good news for U.S. dealmakers and their counterparts across the pond, despite a drop in mergers and acquisitions volumes worldwide.

Technology, media and telecommunications transactions remain resilient, driving both volume and value in deals between U.K. and U.S. companies, according to a report from Deloitte LLP. That’s despite the uncertainty surrounding the U.K. vote last month to leave the European Union, which could wipe as much as $1.6 trillion from future mergers and acquisitions, according to a separate study.