Market Trends
For many organizations, 2020 has been a year of cutting costs and staying afloat amid a turbulent market. However, a handful of major players, particularly in tech, have continued to expand through mergers and acquisitions.
According to a report by GlobalData, 24,689 deals were announced worldwide in H1 of 2020, which marks a 15% decline YoY. Deal value also fell by about 45%, to just over $1 trillion in 2020.
Despite the global slowdown, this week, Salesforce announced that it would be acquiring Slack for $27 billion. But Salesforce is not the only tech giant making moves in [...] Read More
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