1、Tech M&A Predictions7 predictions for the year aheadOur 2025 tech M&A predictions1Big tech players set their sights on humanoid robotics2Enterprise tech heavyweights compete for AI infrastructure dominance3Data center energy demands fuel interest in cooling tech4Professional services firms seek AI c

2、apabilities5Pharma companies target AI drug discovery startups6SaaS giants fortify their offerings with AI agent acquisitions7Coding AI agents drive next wave of AI agent consolidation3$578.3B$699.5B$687.2B$467.1BAggregate valuation$381.3B6,2489,8148,9967,712Deals8,06320202021202220232024+5%+5%YoYTh

3、e number of M&A deals is on the rise after 2 years of declineAggregate deal value,on the other hand,remains well below 2020 levels4Median valuation+$43MAverage years to exit-8 months$50M$93Min 2023in 20249.3 years8.6 yearsin 2023in 2024AI companies emerge as a very bright spotThe typical AI acquisit

4、ion has grown in value while exiting faster52024s top 10 largest acquisitions by disclosed valuation$5.9B$7.2B$7.4B$8.7B$8.9B$10.9B$13.4B$13.4B$16.1B$28.0BItaliaNote:Excludes pending acquisitions.AcquirersBuilding foundations for AI drives the 2 largest tech acquisitions of 2024Source:CB Insights St

5、ate of Venture 2024 Report6AI now accounts for 37%of total venture funding,setting stage for even more M&A deals1Our 2025 tech M&A predictionsBig tech players set their sights on humanoid robotics8Source:CB Insights commercial transaction data,NVIDIA FY Q4 2025 earnings transcriptPrediction#1:Big te

6、ch players set their sights on humanoid roboticsStrategic acquisitions will accelerate big techs robotics ambitionsTech giants lay the foundation for humanoid robotics via R&D,investments,&partnerships0%5%10%15%20%25%30%35%40%4005006007008009001,000.Exit likelihood.M&A probability.Mosaic score.Start