Germany’s technology industry saw a drop of 11.3% in overall deal activity during February 2020, when compared with the last 12-month average, according to GlobalData’s deals database.

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A total of 47 deals worth $1.97bn were announced in February 2020, compared to the 12-month average of 53 deals.

Venture financing was the leading category in the month in terms of volume with 27 deals which accounted for 57.5% of all deals.

In second place was M&A with 18 deals, followed by private equity with two transactions, respectively accounting for 38.3% and 4.3% of overall deal activity in the country’s technology industry during the month.

In terms of value of deals, M&A was the leading deal category in Germany’s technology industry with total deals worth $1.88bn, followed by private equity deals totalled $88.87m.

Germany technology industry deals in February 2020: Top deals

The top five technology industry deals accounted for 98.7% of the overall value during February 2020.

The combined value of the top five technology deals stood at $1.95bn, against the overall value of $1.97bn recorded for the month.

The top five technology industry deals of February 2020 tracked by GlobalData were:

1) Schneider Electric’s $1.64bn acquisition of RIB Software

2) The $248.62m asset transaction with Cerner by CompuGroup Medical Deutschland

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3) Novator Partners and RTP Global’s $40m venture financing of TIER Mobility

4) The $13m venture financing of omni:us by CommerzVentures, UNIQA Ventures and Viola FinTech

5) Battery Ventures, Connect Ventures and DN Capital’s venture financing of Lanes & Planes for $10m.

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.

 

Visit our ‘Technology Deals Dashboard’ for the latest trends in M&A, PE, and VC activity, top deals and advisory league tables in the technology industry.