Technology barometer: tracking the temperature of the UK technology sector

In last quarter’s barometer, sentiment was positive in the technology sector. As we review the final quarter of 2013, we see this optimism continue to increase. Unlike many new year’s resolutions, which by now have fallen by the wayside, the increased optimism we have seen as we move into the new year shows no sign of waning.

In many cases, a new year means a new start; with the technology sector, a new start isn’t needed. Optimism is already there.

The ICT services sector continues its trend in outperforming the software sector. Boardroom confidence in the sector continues its upward trajectory, with 47 per cent of respondents more confident about market conditions than in the last quarter. The fourth quarter saw a very promising 39 mergers and acquisitions (M&A) deals with many of the larger deals ICT services focused. The largest deal being the £300m MDNX/Easynet merger, which shows high-end deals in the sector are very much alive and kicking. Private equity activity dipped slightly, but it was a successful period for capital markets fundraising, with £389m of new capital raised and 11 deals in total, including the initial public offerings (IPOs) of Servelec and Kalibrate Technologies…

If you are registered and logged in to the site, click on the link below to read the rest of the Taylor Wessing briefing. If not, please register or sign in with your details below.

Briefings from Taylor Wessing

View more briefings from Taylor Wessing

Analysis from The Lawyer

  • singapore orchid

    Singapore: Cash course

    The city-state is working hard to become a global wealth management hub, and law firms are gearing up for a prosperous new world

  • Money 317

    Crunch boom

    Financial disputes are starting to dominate the English courts as the long-awaited fallout from the downturn finally comes to town

View more analysis from The Lawyer

Overview

5 New Street Square
London
EC4A 3TW
UK
http://www.taylorwessing.com

Turnover (£m): 228.00
No. of Lawyers: 860
No. of Lawyers (Asia Pacific): 79
Offices (Asia Pacific): 3

Jobs