Total technology industry internet of things deals worth $45.8bn were announced globally for May 2021, with the $43bn acquisition of Warner Media being the sector’s biggest investment, according to GlobalData’s deals database.
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The value marked a decrease of 1.6% over the previous month of $46.49bn and a rise of 132.3% when compared with the last 12-month average of $19.7bn.
In terms of number of internet of things deals, the sector saw a drop of 46.81% with 50 deals in May 2021 when compared to the last 12-month average of 94 deals.
In value terms, North America led the activity with internet of things deals worth $44.37bn in May 2021.
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By GlobalDatatechnology industry internet of things deals in May 2021: Top deals
The top five internet of things deals accounted for 98.8% of the overall value during May 2021.
The combined value of the top five internet of things deals stood at $45.2bn, against the overall value of $45.8bn recorded for the month.
The top five technology industry internet of things deals of May 2021 tracked by GlobalData were:
1) Discovery’s $43bn acquisition of Warner Media
2) The $925m acquisition of CasaiQ by Global Payments
3) Snap’s $500m acquisition of WaveOptics
4) The $434.21m private equity deal of Telit Communications by DBAY Advisors
5) MSA Safety’s acquisition deal with Bacharach for $337m.
