After pushing the pause button during the coronavirus pandemic, big enterprise-technology companies later this year are expected to go on a shopping spree for smaller tech firms, industry analysts say. Large companies across the economy are seizing similar opportunities to grow, sparking worries about market consolidation in several industries. “These large vendors have sufficient cash to weather the pandemic and have excess for acquisitions” in the year ahead, Mr. Azaham said. Gartner in April put out a guide on how tech startups can best prepare for being acquired by a larger company. More large tech providers are expected to be in the market for startups and small firms developing virtual business tools, as many companies shift to a permanent remote-work model, Gartner said.

Source: Wall Street Journal May 21, 2020 09:33 UTC