The United States blacklisting of Chinese telecom giant Huawei Technologies, barring the company from doing business with US tech companies, will not significantly impact the company’s revenues as it generates less than 1% of revenue from the US, says analytics firm GlobalData.
Total technology industry merger & acquisition deals in December 2019 worth US$17.03 billion were announced globally, marking a decrease in value of 44.7% over the number of deals in the previous month - and a drop of 35.8% when compared with the last 12-month average of US$26.51billion.
Technology industry deals for December 2019 totalled US$38.82 billion, a decline of 27.9% globally over the previous month, according to a new analyst report.
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