Technology sectors showing signs of maturity in Spain

07/04/2015
Diego Gutiérrez
Technology sectors showing signs of maturity in Spain
Spain occupies one of the top positions in the European Union in the development of Information and Communication Technologies (ICT), with some 30,000 companies, mostly SMEs, with a total turnover of €104.3 billion. Among the technology sectors showing signs of maturity are telecommunications, discount coupon companies and food delivery companies.

 

Telecommunications sector

The telecommunications sector is undergoing a strong concentration process. In 2014 alone, €11.9 billion was invested in the sector, and the M&A transactions and mergers and acquisitions accounted for 24% of the total M&A activity in the sector.

Among the most talked-about operations is the purchase of Ono for Vodafone for €7.2 billion. With this purchase, Vodafone seeks to accelerate its unified communications business by bringing together the assets and capabilities of two companies with expertise in ultrafast fixed broadband and 4G.

Also in 2014, it was announced the intention of Orange to launch a takeover bid for Jazztelwhich is to be confirmed by Brussels and Telefónica purchased the 56% from Canal Plus.

Among the startups we have as a protagonist Masmovilwhich after the merger with Ibercom in March 2014, has made a large number of acquisitions, including the companies: Digital Valley Technologies, Quantum, Xtra Telecom, The pone House mobile, Embou, Yvilop and Neo.

 

Discount coupon companies

La crisis ha hecho que las empresas de cupones de descuento crezcan de forma acelerada, En España el negocio supera los 250M por trimestre y cuenta con una base de clientes que supera los 14M. Ante la gran cantidad de empresas en el sector, se están realizando M&A transactions y adquisciones, y de reinventando nuevas vías que hagan crecen el negocio.

Among the operations carried out were the merger of Gr0upalia rounds, with Offerum in March 2015. Together, they will create a group with an annual turnover of close to €60 million. which will be able to compete with Groupon España, a subsidiary of the leading US multinational in Spain.

LivingSocial who acquired the company in 2012, has sold LetsBonus to its Spanish management team and the Danish Bownty bought Yunait from Inveready in June 2014.

 

Food delivery companies

The food delivery sector is also starting to follow the trend that is already being seen in other countries such as the US and Germany. One of the signs that large operations are beginning to take place in this sector is the purchase of The Red Fridge  for Food Panda  €80M.

 

 

 

Lastest news

The State of Technology M&A in Spain | October 2026 analysis

En octubre de 2026 hubo 37 operaciones de M&A tecnológico en España: 16 fueron adquisiciones corporativas, inversiones de private equity, fusiones o tomas de participación, y 21 fueron rondas de venture capital. El 62,2% de las operaciones (23 de 37) fueron...

Webinar | How much does your business depend on you?

IMPORTANT INFORMATION: Registration for and participation in the webinars are completely anonymous to third parties. If, for a month, you were unable to have a say in important decisions, what would happen in your company? Your company can grow, be profitable and have good...

Notable technology M&A deals in Spain | September 2026 Analysis

Technology M&A in Spain totalled 61 identified transactions by the end of September 2026, the highest figure in the monthly series we have been publishing since May. Of these, 41 were acquisitions, private equity investments, asset purchases, joint ventures or takeovers...

Baker Tilly advises Invelon on the acquisition of byAR

In September 2026, Invelon, a Spanish technology company specialising in virtual, augmented and mixed reality, completed the acquisition of a majority stake in byAR, a Portuguese company specialising in museum exhibitions and the development of spaces...

Do you want to sell or buy a company?

We are experts in M&A transactions in the technology sector.

Subscribe to our newsletter

    On which topic would you like to receive information?