EY

MedTech Revenue Hits $325B in H1 2026 as M&A Jumps 160%, EY Says

Image
MedTech Revenue Hits $325B in H1 2026 as M&A Jumps 160%, EY Says

New York – October 19, 2026 -- Global MedTech M&A value rose 160% in the first half of 2026 versus the same period of 2025, with total disclosed deal value reaching roughly US$130 billion, the highest level in more than a decade, according to the 20th edition of EY US's Pulse of the MedTech Industry report.

The recovery is narrow. EY found it was driven by a limited number of blockbuster transactions rather than broad-based dealmaking.

Industry revenue reached $325 billion in the first half of 2026, up 7.1%

MedTech generated approximately US$650 billion in revenue in 2025, growth of 11%. First-half 2026 revenue of US$325 billion was 7.1% above the prior-year period. Therapeutic devices led growth, followed by non-imaging diagnostics, imaging, and lab equipment and tools.

UpperEdge Names First Advisory Board With Ex-Accenture, EY Leaders

Image
UpperEdge Names First Advisory Board With Ex-Accenture, EY Leaders

Boston – October 01, 2026 -- UpperEdge, an independent IT sourcing and vendor negotiation advisory firm, has formed its first-ever Advisory Board, bringing together five executives with decades of combined experience in technology, finance, operations and large-scale transformation.

Five executives join as enterprises reshape cloud and AI contracts

The board includes a former biopharma CIO, two former senior leaders from Accenture and EY, a former consumer products President and CFO, and a procurement and supply chain executive. Their appointment comes as large enterprises confront major platform transformations and shifting pricing and contracting models for enterprise software, cloud and AI services.

SOA Names Five New Board Members, Sherry Chan as President Elect

Chicago – September 29, 2026 -- The Society of Actuaries (SOA) has elected five new Board members and named Sherry Chan, FSA, EA, MAAA, FCA, as President Elect and Vice Chair for the 2026-2027 term, positioning her to become the organization's 79th President and Chair.

Five actuaries join the SOA Board for the 2026-2027 term

The newly elected Board members are Jessica Dang, FSA, FCIA, Ph.D.; Murshid Kuttihassan, FSA, MAAA, CERA, FCIA, FIA, CFA, FRM; Taylor Pickett, FSA, MAAA; Greg Warren, FSA, MAAA, FCA; and Andy Wieduwilt, FSA, MAAA. All will assume duties following the SOA ImpACT Annual Conference at the end of October 2026.

BOXABL Names Ex-EY Audit Partner Goldsmith to Chair Audit Committee

Image
BOXABL Names Ex-EY Audit Partner Goldsmith to Chair Audit Committee

Las Vegas – September 24, 2026 -- BOXABL Inc. (Nasdaq: BXBL) has appointed Timothy Goldsmith, CPA, to its board of directors, naming him chair of the Audit Committee effective Sept. 24, 2026, as the modular housing manufacturer builds out financial and governance infrastructure two months after its Nasdaq debut.

Goldsmith brings two decades of EY audit leadership to BOXABL's board

Goldsmith spent nearly 21 years at EY, serving as audit partner from 2018 to 2026, where he oversaw more than 20 complex public and private company audits and led a team of over 30 audit executives. He directed audit strategy for companies ranging from $200 million to over $3 billion in revenue, with technical expertise spanning U.S. GAAP, IFRS, SEC and PCAOB standards, Sarbanes-Oxley compliance, and M&A accounting. Earlier in his career he worked as a U.S. SEC capital markets senior in Hong Kong, advising on cross-border IPOs involving U.S. operations.

97% of Telecom Leaders Bet on AI Gains, Doubt Readiness: EY

Image
97% of Telecom Leaders Bet on AI Gains, Doubt Readiness: EY

London – September 19, 2026 -- Ninety-seven percent of telecom executives expect AI to deliver major productivity and operational gains within five years, yet organizational readiness gaps threaten to blunt that upside, according to the EY-Parthenon Telco of Tomorrow study, based on interviews with nearly 100 telecom C-suite leaders globally.

Cédric Foray, EY Global Telecommunications Sector Leader, said telcos are not short of growth opportunities, but the greater challenge is whether they have the operating models, skills and strategic clarity needed to capture them.

Cyble Names Ex-EY, PwC Cyber Leader Steve Ingram US EVP

Image
Cyble Names Ex-EY, PwC Cyber Leader Steve Ingram US EVP

Cupertino, Calif. – September 17, 2026 -- Cyble has appointed Steve Ingram as Executive Vice President, US, moving him from a two-year advisory role into an operating position as the AI-native cybersecurity company accelerates growth in the American market.

Ingram exits advisory board to run Cyble's US business operations

Ingram will lead Cyble's US business, taking responsibility for customer and partner relationships and expanding the company's footprint in what Cyble describes as one of the world's largest cybersecurity markets. He joins after two years on Cyble's Advisory Board, during which he counseled the company on portfolio expansion and global growth.

US Oil Reserve Replacement Falls Below 100% as Capex Drops 49%

Image
US Oil Reserve Replacement Falls Below 100% as Capex Drops 49%

Houston – September 14, 2026 -- US oil production hit a study-period high in 2025, but reserve replacement fell below 100% for the first time since 2021, according to an annual benchmarking study released by Ernst & Young LLP (EY US).

Oil reserve additions declined 11% while production climbed to a record

The EY US Oil and Gas Reserves and Production Benchmarking Study analyzed five years of data from the 30 largest publicly traded US exploration and production companies, representing about 43% of combined US oil and gas production. Oil reserve additions from extensions and discoveries fell 11% year over year and failed to fully replace production volumes, while combined oil reserves declined by less than 1%.