During the first nine months of 2025, Asian Tech M&A volumes were incredibly robust at 506 deals, and at that pace would easily exceed the 10-year high achieved in 2023. Demand was particularly strong from strategic acquirers, which represented the buyer in 90% of these transactions. Private Equity firms represented the acquirer in 49 of these deals.

Total disclosed M&A deal values reached $15.7 billion through September 2025, almost double 2024 levels. Financial terms were disclosed in only 28% of these transactions as buyers preferred to keep their M&A strategies private. 

During the first three quarters of 2025, most top acquirers were strategics, including Accenture with 4 deals and Nexus and Zaggle with 3 deals each.