Europe’s technology industry saw a flat growth in internet of things deal activity during December 2020, when compared with the last 12-month average, led by Circet Group’s $303.05m acquisition of Esas Group, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

 

A total of 24 technology industry internet of things deals worth $432.08m were announced for the region in December 2020, against the 12-month average of 24 deals.

Of all the deal types, venture financing saw most activity in December 2020 with 14 transactions, representing a 58.3% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was M&A with eight deals, followed by private equity deals with two transactions, respectively capturing a 33.3% and 8.3% share of the overall internet of things deal activity for the month.

In terms of value of internet of things deals, M&A was the leading category in Europe’s technology industry with $338.05m, followed by venture financing deals totalled $94.03m.

Europe technology industry internet of things deals in December 2020: Top deals

The top five technology internet of things deals accounted for 89.8% of the overall value during December 2020.

The combined value of the top five technology internet of things deals stood at $387.82m, against the overall value of $432.08m recorded for the month.

The top five technology industry internet of things deals of December 2020 tracked by GlobalData were:

1) Circet Group’s $303.05m acquisition of Esas Group

2) The $35m acquisition deal with Pusher by MessageBird

3) ACE &SA, EquityPitcher and Swisscom Ventures’ $22.27m venture financing of ANYbotics

4) The $15.5m venture financing of Information Grid by Concrete VC, Jigsaw VC, JLL Spark, Northzone Ventures and The Venture Collective

5) 360 Capital Partners and Upfront Ventures’ venture financing of In And Motion for $12m.