In 2024, Asian tech M&A volumes were healthy at 543 deals, approximately on par with the pace of dealmaking activitiy seen in recent years. Demand was particualrly strong from strategic acquirers, which represented the buyer in 93% of these transactions. Private Equity firms represented the acquirer in 35 of these deals.

Total disclosed M&A deal values reached $8 billion in 2024. Financial terms were disclosed in only 19% of these transactions as buyers preferred to keep their M&A strategies private. 

There were 5 strategic buyers in 2024, including Accenture and the metaverse gaming tech startup OneVerse that made 4 acquisitions each. Other than that, media company STPR, IMB and Fonfun completed 3 strategic acquisitions each.