Total technology industry artificial intelligence deals worth $9.58bn were announced globally for February 2021, with the $1.73bn acquisition of Hyperconnect being the sector’s biggest investment, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

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

The value marked a decrease of 31.3% over the previous month of $13.95bn and a rise of 0.2% when compared with the last 12-month average of $9.56bn.

In terms of number of artificial intelligence deals, the sector saw a drop of 0.78% with 256 deals in February 2021 when compared to the last 12-month average of 258 deals.

In value terms, North America led the activity with artificial intelligence deals worth $4.46bn in February 2021.

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.

technology industry artificial intelligence deals in February 2021: Top deals

The top five artificial intelligence deals accounted for 53.04% of the overall value during February 2021.

The combined value of the top five artificial intelligence deals stood at $5.08bn, against the overall value of $9.58bn recorded for the month.

The top five technology industry artificial intelligence deals of February 2021 tracked by GlobalData were:

1) Match Group’s $1.73bn acquisition of Hyperconnect

2) The $1bn acquisition of Adjust by AppLovin

3) Autodesk’s $1bn acquisition of Innovyze

4) The $750m venture financing deal of UiPath by Alkeon Capital, Altimeter Capital Management, Coatue Management, Dragoneer Investment Group, IVP, Sequoia Capital VI and Tiger Global Management

5) Francisco Partners Management, Gigi Levy, Gilad Japhet, HP Beteiligungs and Yuval Rakavy’s private equity deal with MyHeritage for $600m.