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Tech promises ‘multi-year’ M&A boom, says Morgan Stanley’s Cheng
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Tech promises ‘multi-year’ M&A boom, says Morgan Stanley’s Cheng
(Bloomberg/Ryan Gould) — Technology dealmakers are just beginning a supercharged period of mergers and acquisitions activity after racking up a record run this year, according to a senior Morgan Stanley banker. “We’re on the second or third floor of what I think is a multi-year, rip-roaring upswing in tech M&A,” said Wally Cheng, head of global technology M&A at Morgan Stanley. “Every part of tech dealmaking is at an eight or nine out of 10.” Th…
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