North America is still dominating tech M&A deals
In the first half of 2017, North America, led by the United States, has maintained its dominant position in the technology merger and acquisition (M&A) deals market. North America contributed 76% and 83% of the deal's value, respectively, for the first two quarters of the year. Yum Brands Inc came in second and third, respectively, in terms of deal value, with 976.3 million and $532.9 million. Snapchat's $200 million acquisition of social mapping startup Zenly was the largest deal in Europe. Astratel Nusantara's $179.2 million acquisition of Baskhara Utama Sedaya was the largest acquisition in the Asia-Pacific region. GlobalData data indicate that there were 615 global mergers and acquisitions (M&A) announcements in the technology sector in Q2 2017, with a total deal value of $7.8 billion.