SINGAPORE (March 15): Deal activity in the technology and telecommunications sector is likely to increase in 2018, driven by a more positive global economic outlook, the expansion of technology across industries, investment from emerging markets, and strong corporate balance sheets, according to global law firm Baker McKenzie.

Although the global deal activity was slow across all sectors in 2017, it is anticipated that the easing policy concerns in US and EU, reasonable GDP growth across all regions, and accommodative fiscal policy will help boost deal activities this year.

Charles Whitefoord, M&A partner at Baker McKenzie in London, says that many companies are sitting on significant cash piles and tech companies are currently under pressure to either deploy that money or return it to shareholders... (Click here to read the full story.)