A report compiled by professional services firm Grant Thornton shows that 75 per cent of medium-sized tech companies have no plans to invest in new markets in the next 12 months.
This follows on from the finding that 141 UK M&A deals were completed during 2011, a higher volume than in any other market.
Wendy Hart, head of technology at Grant Thornton, says investors in the UK’s technology mid-market need to think beyond ‘traditional’ investment regions such as the US, Australia and Germany, to seize opportunities.
‘Over the last five years the volatility of the global market has inevitably had an impact on the volume of cross-border deals taking place,’ she adds.
‘Traditional mature markets such as those in the G7 remain attractive to UK firms because of a familiar business environment, language commonalities and greater access to highly skilled employees.’
Outbound investment into economies such as India, China, Brazil and Israel is relatively low, according to Hart.
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