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barclays and jp morgan dominate tmt mergers and acquisitions in q1 2025
Barclays and JP Morgan have emerged as the leading financial advisers in the technology, media, and telecom (TMT) sector for Q1 2025. Barclays topped the deal value chart with $44.1 billion, while JP Morgan led in deal volume with 17 transactions, including nine billion-dollar deals. Goldman Sachs followed Barclays in value with $38.6 billion, while Houlihan Lokey ranked second in volume with 16 deals.
barclays and jp morgan dominate q1 2025 m and a in tmt sector
Barclays and JP Morgan have emerged as the leading financial advisers in the TMT sector for Q1 2025, with Barclays topping the deal value chart at $44.1bn, largely due to the $32bn Google-Wiz deal. JP Morgan led in deal volume with 17 transactions, improving its ranking from fourth to first compared to the previous year. Goldman Sachs followed Barclays in value with $38.6bn, while Houlihan Lokey ranked second in volume with 16 deals.
Armis targets one billion in annual revenue ahead of planned IPO
AI cybersecurity firm Armis, co-founded by Yevgeny Dibrov and Nadir Izrael, aims to achieve over $1 billion in annual recurring revenue (ARR) within three years and plans an IPO in the next 12 to 24 months, contingent on market conditions. Under President Alex Mosher, who previously served as Chief Revenue Officer, Armis has grown from less than $20 million in ARR in 2021 to over $250 million today, employing around 850 people globally. The company’s recent acquisition strategy, totaling approximately $290 million for three firms in 12 months, reflects a broader trend of consolidation in the cybersecurity sector as firms prepare for public offerings.
Google acquisition of Wiz may boost Israel's struggling housing market
Google's $32 billion acquisition of cybersecurity firm Wiz is expected to invigorate Israel's housing market, as bonuses for 1,800 employees may lead to increased spending. Despite a rise in apartment transactions in 2024, the market remains 6.4% below 2022 levels, influenced by rising interest rates and recent security concerns. Historical trends show a link between tech sector growth and real estate performance, with significant tax revenue increases during the tech boom of 2020-2021.
Amazon Introduces Buy with AWS Button to Enhance Cloud Software Sales
Amazon Web Services (AWS) has introduced a "Buy with AWS" button, enabling cloud software vendors to sell directly to AWS customers through their websites. This initiative aims to enhance customer and partner loyalty while simplifying the purchasing process, with no fees for software companies embedding the button. Prominent vendors like Databricks and Workday are expected to benefit from increased revenue and faster procurement through this integration.
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