Foland talks tech

Asia?s pre-eminent tech banker Steve Foland says M&A in the tech sector is going to boom.

CSFBs tech banking guru Steve Foland says a large chunk of his revenues this year will come from MA. Last year, most of the tech revenues at investment banks came from financings. That is not so much the case this year.

The CSFB Asian tech group boss is forecasting that MA advisory could make up as much as 40-60% of his groups revenues this year. He says that his group is advising on three to four MA transactions in the tech area that will be announced in the next three months. He has advised on two small transactions for privately held companies this year already, but says the forthcoming...

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