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