Non-tech exceed tech firms as buyers of startups
Interesting article in the NYC on tech acquisitions this past year. The one statistic that caught my eye:
Last year, the number of technology companies sold to non-tech companies surpassed those acquired by tech companies for the first time since the internet era began
Specifically, ~51% (out of a total of 1337) were bought by non-tech companies. Tech acquisitions also made up the largest proportion of the deals at ~15%. Software is indeed eating the world.