M&A activity in the tech market continues to struggle to get going this year as last month continued to show 2012 had started quietly.
The latest survey of the market from Regent showed that following a 20% drop in the number of deals in January compared to December the market remained relatively flat last month.
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There was a welcome return of deals in excess of $1bn, with Oracle leading the charge with a $1.9bn offer for cloud computing specialist Taleo, but overall there was a decrease in M&A activity across Europe.
There are signs that the valuations might continue to climb, with the bidding way for Misys an indication some firms will pay a higher price to get if the acquisition target is attractive.