Tech M&A transactions soared in 2020

Surprisingly enough, 2020 notched a record in tech M&A spending, topping $600 bn, increasing by +25% vs 2019. Not bad for a year of pandemic.

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Intuit acquires Mailchimp for $12B

Founded in 1983, Intuit now ranks among the top 10 US tech giants thanks to the $12B purchase of email marketing provider Mailchimp, only 9 months after closing the $8.1B acquisition of Credit Karna.