1. Analysis
May 30, 2022

Partnerships decreased significantly in the tech industry in H2 2021

Partnerships in the technology and communications sector have seen a decrease of 52.6% from H2 2020 to H2 2021, an analysis of GlobalData's deals database reveals.

By Data Journalism Team

In the second half of 2021 the number of partnerships in the tech industry decreased significantly by 52.6% from the same period in 2020.

This marks a deceleration in growth from the 31.4% decrease in deals that occurred in H1 2021 relative to the same period a year earlier.

During second half of 2021, partnerships accounted for 2.6% of all deals taking place in the sector. This represents a decrease from the figure of 5.6% in second half of 2020.

GlobalData's deals database is a comprehensive repository that looks at mergers, acquisitions, venture financing, equity offerings, asset transactions, partnerships and debt offerings taking place daily between thousands of companies across the world.

The database details key deal information, such as deal summary, deal rationale, deal financials, parties involved, advisors and deal payment modes.

By tracking the proportion of various types of deals in each sector we can gauge which sectors are seeing growth and where others are struggling.

The highest value partnership announced in 2021 (where the deal value was known), was the joint venture to be formed between Equinix with GIC in Japan.

The deal is set to be worth $1,000 million.