The fervor of mergers and acquisitions (M&As) is robust in Asia Pacific, according to leading firm EY (source). The pandemic that has ravaged economies and industries worldwide, led to an acceleration of digital transformation across many industries, even traditionally stoic and static ones like hospitality, food, entertainment, aviation, and travel. Many industries have turned to automation, whether in robotics, AI, and also in digital. This also means companies with aligned interests may look to merging, or acquiring other companies. In M&A, what is obvious in balance sheets and reports, may not necessarily reveal all that technologies underneath that powers these companies…
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