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.