Fast Money

These tech M&A deals should happen now: Pro

'Golden takeover ideas' from tech bloodbath
'Golden takeover ideas' from tech bloodbath

The recent selloff in high-flying momentum tech names, coupled with a growing need for exposure in the cloud, has created the perfect environment for M&A in the tech sector, FBR Capital's Daniel Ives said Tuesday.

On CNBC's "Fast Money," Ives said that he sees a "golden opportunity" for M&A activity in the next three to six months, given the recent "tech bloodbath." He listed his top three M&A ideas, pairing old-tech names with industry newcomers that could add cloud, data or cyber security expertise.

Ives' first idea centered on IBM, and he articulated the company's need to grow in the big data space. To achieve that growth, Ives said that IBM should acquire software platform Splunk, which is down more than 50 percent from its February highs, and which he described as the "Lebron James of big data."

Next, Ives said that SAP could keep up with competitor Oracle by acquiring Tableau, a next-generation software company with cloud exposure.

"They've been an acquisitive company; they have more cash than some countries. I could really see them looking at Tableau," he said.

Ives identified cloud security as a fundamental need for Microsoft and said the company should acquire Imperva, which focuses on data center security.

"I definitely see Microsoft making a security acquisition, I think Imperva is front and center here," he said.

In addition to his on-air ideas, Ives offered two additional tech M&A plays in an e-mail to CNBC.

Similar to Microsoft, Ives said that EMC Corp. has a security need, and should acquire Fortinet to fill the gap.

Lastly, Ives said that enterprise cloud giant, which has a market cap of nearly $32 billion, should buy e-commerce software provider Demandware.