COVID 19 an opportunity for large tech companies to get even bigger

Washington: Coronavirus pandemic may prove as a boon for the big enterprise-technology companies, which according to industry analysts, are expected to go on a shopping spree for smaller tech firms.

The tighter market after coronavirus pandemic would leave fewer options for cash-strapped small companies, the Wall Street Journal reported citing industry analysts.

“What this means for Chief Information Officers is likely higher prices and less choice,” said Crawford Del Prete, president of technology research firm International Data Corp.