Total technology industry M&A deals in Q3 2019 worth $132.53m were announced in Canada, according to GlobalData’s deals database.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
- Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
The value marked a decrease of 93.02% over the previous quarter and a drop of 87.3% when compared with the last four-quarter average of $1.04bn.
Canada held a 0.2% share of the global technology industry M&A deal value that totalled $64.84bn in Q3 2019.
In terms of deal activity, Canada recorded 69 deals during Q3 2019, marking a drop of 18.8% over the previous quarter and a drop of 12.7% over the last four-quarter average.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataCanada technology industry M&A deals in Q3 2019: Top deals
The top five technology industry M&A deals accounted for 95.6% of the overall value during Q3 2019.
The combined value of the top five technology M&A deals stood at $126.64m, against the overall value of $132.53m recorded for the month.
The top five technology industry deals of Q3 2019 tracked by GlobalData were:
1) Aspen Technology’s $78.08m acquisition of Mnubo
2) The $25.7m acquisition of CIMPL by Upland Software
3) Patriot One Technologies’ $17.27m acquisition of Xtract AI
4) The $3.34m acquisition of Tucows by Investmentaktiengesellschaft fur langfristige Investoren TGV
5) Datametrex AI’s acquisition of Semeon Analytics for $2.26m.
Verdict deals analysis methodology
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.
GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.
More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.
