TMT M&A Deals Q3 2025 – Top Themes: Strategic Intelligence
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This report analyzes the disruptive themes that have driven M&A activity in Q3 2025 in the TMT Sector.
Scope
This report provides an overview of merger and acquisition activity globally in Q3 2025 in TMT Sector
It identifies the themes driving most notable to deals announced in Q3 2025 in the TMT Sector
Key Highlights
The TMT M&A market in Q3 2025 witnessed deals worth $256 billion, a growth of 10% compared to Q3 2024. This quarter recorded deal value worth $220 billion mega deals (defined as any deal valued at or more than $1 billion), a 12% increase compared to Q3 2024.
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.
Public Investment Fund
Silver Lake Management LLC
Palo Alto Networks Inc
AT&T Inc
Space Exploration Technologies Corp
Thoma Bravo LP
Amphenol Corp
CoreWeave
Inc
US Government
Nexstar Media Group Inc
NVIDIA Corp
Blackstone Inc
Capgemini SE
Intralot SA
Cadence Design Systems Inc
Patient Square Capital LP
Advent International Corp
Verisk Analytics Inc
Thoma Bravo LP
Centerbridge Partners LP
Thoma Bravo LP
Electronic Arts Inc
CyberArk Software Ltd
EchoStar
Dayforce Inc
CommScope
Core Scientific Inc
Intel Corp
TEGNA Inc
Intel Corp
Technopro Holdings Inc
WNS (Holdings) Ltd
Bally’s
Hexagon
Premier Inc
Sapiens International Corporation NV
Exactlogix Inc
Verint Systems Inc
MeridianLink Inc
Olo Inc
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