Tech Promises ‘Multi-Year’ M&A Boom, Says Morgan Stanley’s Cheng
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Technology 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.”