Mergers and acquisitions: How they affect the technological world

Experts expect the technological sector to make great inroads in the business world this year. Even though natural resource companies still lead the way in mergers and acquisitions deals, technology is primed to see some increased action this year, so says a recent study. Many of Canada's mergers and acquisitions top deal makers say they expect business to increase by more than 75 and 74 per cent in 2018 in volume and value, respectively.

Canada intends to invest more into the technological field, which could be providing the impetus for possible dealmaking. Those who are knee-deep in the mergers and acquisitions world are keen on technology, especially when it involves deals over the border. Canadian companies are expected to look for tech acquisitions from the foreign front and are hoping foreigners will be looking to do the same in Canada.

A Montreal artificial intelligence (AI) firm raised more than $100 million last year to help other companies begin to use AI in their business endeavours. That kind of cash being raised has been pegged as one of the largest fundraising efforts in the country. Those who responded to the survey said the entire mergers and acquisitions world would continue on in a healthy realm this year with most indicating they believe that most activity will involve Canadian and foreign companies merging.

With such a healthy outlook for mergers and acquisitions in Canada this year and beyond, those who are venturing into making such deals may benefit from the experience of legal counsel. A lawyer may be able to offer pointers prior to his or her client inking a major deal. It may be in a client's best interest financially to seek prudent legal guidance. 

Source: candianunderwriter.ca, "Canada's future M&A battleground: tech acquisitions", Jason Contant, Feb. 27, 2018

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