Local Tech Startup Deals Forged
Of the 4200 deals tracked from publicly available information during the year, 100 were Australian. Of these, the average amount for Australian deals was A$20 million.
The study showed the US is still the kingpin of the tech world, with the vast majority of the US$156 billion in investments, mergers and acquisitions happening there. .
Globally, the most active technology sectors for deals were software with 1824 deals, transactions with 836 and mobile apps at 504.