The areas that saw the most M&A activity in the first half of 2026 were IT Services with 27 acquisitions, representing 27% of total transaction volumes, closely followed by Enterprise Resource Planning with 13 deals, equal to 13% of the total. Also, there were 12 transactions in the Industry-specific Applications subsector, representing 12% of deal volumes. Other noteworthy subsectors include Security, Internet Content & Commerce, Business Intelligence, Information Management, and Supply Chain Management.