Technology, media and telecommunications (TMT) dealmakers are making bold bets on emerging artificial intelligence (AI) leaders — along with the talent and IP needed to secure a competitive edge in a fast-moving market.
Download the report, produced with PitchBook data, to discover how AI-led software consolidation deals, policy uncertainty and other market forces are shaping mergers and acquisitions (M&A) strategies.
Key highlights include:
- Software accounting for 80 percent of TMT activity
- EV/EBITDA multiples for AI targets hovering near 20x
- Median deal size reaching USD 391.7 million — the highest since 2016
- North America driving nearly 70 percent of global TMT deal value
