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General

ABN Amro expects Dutch IT market to further consolidate

Friday 1 April 2016 | 20:08 CET | News
This year will see more mergers and acquisitions in the Dutch IT sector, a study by ABN Amro revealed. The bank attributed its acquisition forecast to the improving economy and low interest rates. The need for cooperation within the technology, media and telecomsector (TMT) will also be heightened by the continued digitalization of services and systems. ABN Amro also pointed to the increasing consumer purchasing power, with spending expected to rise this year by 1.7 percent.

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Categories: General
Companies: ABN AMRO
Countries: Netherlands
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