April 29, 2013 – Technology industry mergers and acquisitions continue to dive, but software deals and IPOs suggest positive activity in the months ahead, according to PricewaterhouseCoopers.

With 40 deals at a combined total of $8.34 billion in the first quarter of 2013, tech industry transactions registered its lowest marks since the global recession reverberated that into 2009, according to PwC’s quarterly industry review. There were 25 fewer deals than in the final quarter of 2012, with a 60 percent reduction in value compared with that same quarter.

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