Marquee tech deals go from glut to rut as consolidations stall

The logo of Israeli driverless technology firm Mobileye is seen on their office building in Jerusalem March 13, 2017. REUTERS/Ronen Zvulun

Where have all the big-ticket tech acquisitions gone? 

There’s been only one technology deal topping US$5bil (RM20.95bil) this year – Intel Corp’s US$14bil (RM58.66bil) takeover of Mobileye NV in March. Last year, a dozen technology deals of more than US$5bil (RM20.95bil) were announced. In 2015, there were seven.