Press releases, current trends, perspectives

ARTHOS Industry Insight – Test & Measurement Sector Report Q3 2025: In 2024 and early 2025, the T&M sector experienced a wave of notable M&A activity. Tech stock market valuations in some tech sectors rose sharply, fueling the M&A market with favorable valuations for sellers. Elevated public-market valuations are influencing private-market pricing, as they serve as the critical benchmark.

From October 2–3, 2025, AICA members from Europe, the Middle East, and Africa gathered at this year’s AICA EMEA Conference in Basel, Switzerland.

ARTHOS Industry Insight – Software Sector Report Q3 2025: After a challenging 2023, the software sector regained momentum in 2024 and continued to perform well in 2025. The Cybersecurity sub-sector outperformed most software verticals, driven by rising regulations, increasing security demands, and accelerated AI adoption.

ARTHOS Industry Insight – Digital Services Sector Report 08/2025: The digital services sector continues its business growth trajectory. Although the overall M&A activity eased, transactions in selective growth sectors remained strong. In this sector report, we focus on the Digital Marketing sector which on the one hand enjoys strong growth in creator centric marketing and on the other hand challenged by budget headwinds in more traditional digital marketing segments.

ARTHOS Industry Insight – Software Sector Report Q2 2025: After facing a challenging year in 2023, the software market managed to bounce back and showed a strong performance throughout the year 2024. This positive trend continued in the first 6 months of 2025, during which software stocks maintained its growth momentum. Despite this overall upward trajectory, performance varied across sub-sectors. In this report, we focus on the BI & Analytics sub-sector, which has outperformed all other software verticals, driven by sustained demand for data-driven decision-making and rapid AI adoption.

ARTHOS Industry Insight – Automation Technology Sector Report Q2 2025: In 2024 and the beginning of 2025, the automation sector continues to show large M&A activities which underlines both the consolidation pressure and strategic trends around AI, software and data-driven business models in the segment. These transactions occurred despite a more challenging market environment and conservative investment spending.

ARTHOS Industry Insight – Laser Technology Sector Report Q2 2025: Despite market weakness, 2024 and early 2025 witnessed a wave of significant M&A activity in the laser industry. A closer look at these transactions reveals not only a high volume but also attractive valuations for sellers.

ARTHOS Industry Insight – Vision Technology Sector Report Q2 2025: In 2024 and the beginning of 2025, many significant M&A transactions took place. These transactions occurred despite a challenging market environment, but nevertheless, prices paid were pretty attractive, which indicates strong investors’ conviction in the long-term growth of Vision Technology markets. In this M&A environment, we expect continuing consolidation and attractive valuations for sellers.

Westermo, a business entity of Ependion (Malmö, Sweden) has entered into an agreement to acquire all shares in Welotec (Laer, Germany). Through this transaction, Westermo strengthens its position in the rapidly growing energy segment and gains access to Edge Computing. Welotec benefits from access to Westermo’s sales channels and global network to accelerate its strong growth strategy.

ARTHOS Industry Insight – IT Hardware Q1/2025: In 2024, IoT M&A activity remained strong, highlighting the industry's growth potential. While mega-deals in IoT have declined the total number of transactions remained high, especially in IIoT and connectivity.