Fenwick corporate partner Samuel Angus was quoted in the TechCrunch article “The 11 Biggest Tech Acquisitions of 2016”. Last year proved fairly active for technology M&A, a trend that is expected to persist in 2017, TechCrunch reported.
“We will see demand for AI, security, big data and cloud companies/technologies as the large incumbent companies seek to expand their market positions in these areas,” Angus told TechCrunch.
The 11 biggest 2016 technology acquisitions include Tencent’s $8.6 billion acquisition of Supercell, maker of popular games like Clash of Clans. Fenwick represented Supercell in the deal.