GrowthPoint Technology Partners provides weekly summary and outlook on last week’s technology M&A deal activity:

• 66 deals announced
• 1.9x median multiple, from a limited amount of revenue multiples announced
• $592.3B total deal value year to date in technology M&A activity

Notable deals in technology M&A include:

Bending Spoons to Acquire Evernote – Read More

Evernote, the note-taking and task management app founded over 20 years ago, has been acquired by Milan-based app developer Bending Spoons. In a post on Evernote’s newsroom, Evernote CEO Ian Small said that Bending Spoons will take ownership of Evernote in a transaction expected to close in early 2023.

PTC to Acquire ServiceMax – Read More

PTC has signed a definitive agreement to acquire ServiceMax. ServiceMax is a recognized leader in cloud-native, product-centric field service management (FSM) software. The acquisition is expected to strengthen PTC’s closed-loop product lifecycle management (PLM) offerings by extending the digital thread of product information into downstream enterprise asset management (EAM) and FSM capabilities.

Ignite Tech to Acquire AnswerHub – Read More

IgniteTech, the company “Where Software Goes to Live™,” today announced the asset acquisition of AnswerHub, Inc., a powerful knowledge management platform built to capture, curate, and distribute the expertise of developers and technical teams.

Download the full report below: