The IT M&A Deal Trends Q3 2025

Global IT M&A activity remained robust in Q3 2025, supported by strong technology spending, improving buyer confidence, and stable financing conditions. Deal value reached ~$255.1B, broadly flat QoQ but up ~21.5% YoY, reinforcing that the current momentum reflects a sustained recovery rather than a temporary rebound. The newsletter also highlights emerging tech trends for 2025, including Quantum Technologies, Future of Mobility, and Digital Trust Cybersecurity. Cybersecurity remained a standout M&A theme, supported by rising threat complexity and regulatory scrutiny.