Mergers and acquisitions (M&A) have recently become a hot topic for companies looking to create value, especially in emerging countries, where growth opportunities are often more limited.
There have been a number of notable M&A deals in the tech sector globally in recent years. In 2016, Facebook acquired WhatsApp, and IBM acquired Truven Health. In 2017, Microsoft acquired LinkedIn, and Facebook acquired Oculus VR. In 2018, Amazon acquired Whole Foods, and Google acquired HTC, opening the door for other small tech startups in sub-Saharan Africa to follow the global M&A trends.
The increasing interest of big tech companies and African investors in the sector is likely to drive more M&A deals in the tech sector in the region in the years to come. This Snapshot Series looks at tech firms in sub-Saharan Africa and explores how M&A has helped them grow and succeed.
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