The TMT M&A market in 2025 witnessed deals worth $920 billion, a growth of 32% compared to 2024. This year recorded deal value worth $783 billion mega deals (defined as any deal valued at or more than $1 billion), a 40% increase compared to 2024.
Report Scope
- This report provides an overview of merger and acquisition activity globally in 2025 in TMT Sector
- It identifies the themes driving most notable to deals announced in 2025 in the TMT Sector
Reasons to Buy
- Companies who invest in the right themes become success stories; those who miss the big themes end up as failures. If you want to understand the themes that drive an industry, simply look at the list of recent mergers and acquisitions (M&A).
- In this report we have listed down the most notable deals in TMT sector to make it easy for our clients to get a view of themes disrupting the sector and prepare for the future.
Table of Contents
- Executive Summary
- Review of the TMT M&A Market - 2025
- TMT M&A Deals Analysis by Geography - 2025
- Further Reading
- Report Authors
- Appendix 1: Deal Selection Criteria
- Appendix 2: Thematic Research Methodology
- Contact the Publisher
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Netflix Inc
- Affinity Partners
- Public Investment Fund
- Silver Lake Management
- x.ai Inc
- AI Infrastructure Partners
- Global Infrastructure Partners
- MGX Fund Management
- Palo Alto Networks Inc
- AT&T Inc
- Skyworks Solutions
- Charter Communications Inc
- Space X
- Warner Bros. Discovery Inc
- Electronic Arts Inc
- X Corp
- Aligned Data Centers
- Wiz Inc
- CyberArk Software Ltd
- EchoStar
- Qorvo
- Cox Communications Inc

