Explaining tech M&A drivers.

The Wall Street Journal's Exchange blog tapped Citi managing director Nikhil Eapen for a Q&A on trends in M&A activity in the technology sector. "The primary trend that has and will continue to drive large cap tech M&A is cloud computing and the rise of software as a service," noted Eapen, who is head of technology, media and telecommunications global banking for Asia-Pacific, among his comments. "This will drive consolidation across technology subsectors as tech companies seek to assemble the right combination of services and infrastructure to provide the evolving solutions required by enterprises."