"We filled the vacancy the next day"
UK M&A deals increase drastically
The UK technology sector saw a sharp rise in corporate merger and acquisition (M&A) deals during the second quarter of 2010.
According to the Global Technology M&A Update from Ernst & Young, M&A deals rose by a third in that time, making it the most acquisitive technology sector in Europe and second only to the US in the world.
A total of 40 deals were completed in the UK in the second quarter following on from 32 in the first quarter, up from 30 deals during the same period last year.
Ernst & Young UK technology transactions partner Neil Hutt said M&S were taking centre stage once more, adding that it was "great to see so much M&A activity in the UK at the moment".
According to a report from KPMG and the Recruitment and Employment Confederation, there has also been a marked rise in the number of permanent IT jobs.
Posted by Mark Simpson
According to the Global Technology M&A Update from Ernst & Young, M&A deals rose by a third in that time, making it the most acquisitive technology sector in Europe and second only to the US in the world.
A total of 40 deals were completed in the UK in the second quarter following on from 32 in the first quarter, up from 30 deals during the same period last year.
Ernst & Young UK technology transactions partner Neil Hutt said M&S were taking centre stage once more, adding that it was "great to see so much M&A activity in the UK at the moment".
According to a report from KPMG and the Recruitment and Employment Confederation, there has also been a marked rise in the number of permanent IT jobs.
Posted by Mark Simpson