PwC U.S. Tech M&A Report

PricewaterhouseCoopers has released its quarterly report on technology M&A within the U.S. The lead:

As the first quarter of 2010 ended, the seeds of optimism that began to spread through the technology industry at the end of 2009 appeared to have firmly taken root. Record profits, renewed order backlogs, and a return to hiring pointed to a recovery that prompted industry analysts to revise their 2010 forecasts upward.