Despite the re-emergence of $1b+ acquisitions last month, European tech M&A deal valuations continued to fall, according to corporate finance firm, Regent. While aggregate deal 'price paid' rose to $10.9b in February, both Price/Earnings and Price/Sales multiples declined.
Meanwhile, we’re all waiting in grand anticipation of the outcome of the ‘whither Misys’ saga. Will Temenos add cash to the offer? Will Value Act really turn from seller to buyer? Will Vista’s cash be king? Will any of this make Misys a better company? Have you yet lost the will to live?
Anyway, just a reminder that eligible TechMarketView subscription service clients can also pick the bones out of last year’s UK software and IT services M&A in the latest edition of IndustryViews M&A.