A shortage of information-technology workers is prompting some companies to buy firms for their employees, a strategy that is helping drive up the number of merger-and-acquisition deals across the IT and business-services sector, industry analysts say.
Employers last month posted roughly 340,000 unfilled IT job openings, 11% higher than the 12-month average, spanning a range of positions, industries and locations, IT industry trade group CompTIA said in an analysis of Labor Department employment data reported Friday.
“With the persistently tight labor market for tech talent, an ever-greater number of companies are willing to put all options on the table, including M&A,” said
Tim Herbert,
the group’s chief research officer.
While M&A has traditionally been deployed as a growth or competitive strategy, Mr. Herbert said, “segments of…