Technology M and A 2026

CHILE Trends and Developments Contributed by: Nicolás Yáñez Figueroa and Ornella Otárola Tiozzo, EDN Abogados

transactions, respectively. The USA, Brazil and the UK are the lead countries taking bets on Chile for acqui- sitions, with 25, 12 and ten transactions from each country, respectively. Deals such as these make the software industry one of the busiest industry sectors of the year and Chile a great spot to invest in tech-related businesses. Along- side mining and energy, investment in large-scale pro- jects in these three sectors in Chile reached a record high in 2025. Final Remarks on the Transformation of Chile’s Digital Landscape Therefore, from a tech-related perspective, the sce- nario in Chile on a legal and regulatory level has shifted drastically. Chile is undergoing a profound transformation in its legal, regulatory and technologi- cal landscape. Over the past decade, the country has moved from a fragmented framework to a comprehen- sive ecosystem that integrates data protection, cyber- security, fintech regulation, artificial intelligence and digital infrastructure. This evolution has been driven by a combination of public–private collaboration, for- eign investment and ambitious state-led initiatives. All the above-mentioned has contributed to a new, more complex and sophisticated scenario for com- panies in Chile, whether particularly directly related to technology or not. As of today, companies must

necessarily incorporate from legal and contractual perspectives a considerable set of new rules that they did not have in sight until recently. Consequently, M&A processes have become considerably more complex, given that there is significantly more regulation appli- cable to the normal day-to-day functioning of these businesses. At the same time, major investments in data centres, fibre optics, 5G, submarine cables and high-perfor- mance computing have positioned Chile as a regional hub for digital innovation. These developments have not only strengthened the country’s institutional framework but also enhanced its attractiveness for mergers and acquisitions in the technology sector. Chile’s leadership in the Global Innovation Index, its agreements with international partners and the arrival of hyperscale infrastructure providers underscore its growing role as a gateway for digital activity in Latin America. In this new scenario, companies operating in Chile face a more demanding environment, with heightened responsibilities in information security, compliance and corporate governance. However, this same environ- ment offers unparalleled opportunities for innovation, investment and growth. Chile is thus consolidating its position as a forward-looking nation, where regula- tion, infrastructure and entrepreneurship converge to shape the future of technology in the region.

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