There were high hopes heading into 2025 that there would be a rebound in M&A around the world. However, geopolitical and macroeconomic uncertainty meant the market was more subdued than many had been hoping for.
Global technology, media and telecommunications deal volumes decreased in the first half of 2025, however interestingly, global TMT deal values are up, which means we saw fewer, but higher value deals.
Sean Murphy reflects on what’s already happened this year in tech M&A, and share our predictions of what we think we happen for the rest of the year and into 2026.






