How AI Is Reshaping TMT M&A Deals

Download the report, produced with PitchBook data, to discover how AI-led software consolidation, policy uncertainty and other market forces are shaping mergers and acquisitions (M&A) strategies for technology, media and telecommunications (TMT) dealmakers.

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 vault
Get the report