Aussie tech deals drop as sector cools from peak hype

Aussie tech deals drop as sector cools from peak hype

Some of the largest tech deals so far this year have included REA Group’s $130 million acquisition of Hometrack, BigCommerce’s $84 million capital raise and SafetyCulture’s $60 million round. In the last quarter, $446.9 million was spent on tech investments and acquisitions, and the software and services sector was the most active segment, recording 27 deals.