economy
Software Buyout Deals Collapse to Lowest Level Since Pandemic After AI Rout
Value of private equity software acquisitions struck in the first five months of the year tumbles to $50bn
TL;DR
- Private equity software acquisitions hit $50 billion in the first five months of the year.
- This represents the lowest value for such deals since the pandemic.
- The decline is linked to a downturn in the artificial intelligence sector.