News March 2014

25 Mar 2014

ICT: US and Canadian outfits dominated foreign acquisitions of European technology services firms last year, a consultancy has reported. 

Globalscope, an international network of M&A advisers that specialise in cross-border deals commented that three top markets accounted for nearly two-thirds of mergers and acquisitions (M&A) activities in the European technology services sector last year. Four out five foreign buyers were North American, while overall many European firms remained reliant on foreign staff.