Asian tech M&A volumes were healthy duringthe first nine months of 2024 with 404 deals seen. Demand was particualrly strong from strategic acquirers, which represented the buyer in 94% of these transactions.

Through September 2024, financial terms were disclosed in only 20% of these transactions as buyers preferred to keep their M&A strategies private.

There were 3 strategic buyers in the first nine months of 2024 that made 3 acquisitions each including the media company STPR, Fonfun, a firm that provides services for internet-enabled mobile phones, and the metaverse and gaming tech startup OneVerse.