1. Deals Analysis
July 28, 2022

Technology industry artificial intelligence M&A deals total $555.8m globally in June 2022

By Carmen

Total Technology industry artificial intelligence M&A deals worth $555.8m were announced globally in June 2022, led by Shiprocket’s $200m acquisition of 80% stake in Pickrr Technologies Pvt., according to GlobalData’s deals database.

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The value marked an increase of 22.6% over the previous month of $453.48m and a drop of 59.7% when compared with the last 12-month average, which stood at $1.38bn.

Comparing artificial intelligence M&A deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $205.82m. At the country level, the UK topped the list in terms of deal value at $205.3m.

In terms of volumes, North America emerged as the top region for Technology industry artificial intelligence M&A deals globally, followed by Europe and then Asia-Pacific.

The top country in terms of artificial intelligence M&A deals activity in June 2022 was the US with 15 deals, followed by the UK with six and Canada with three.

In 2022, as of June, Technology artificial intelligence M&A deals worth $7.36bn were announced globally, marking an increase of 71% year on year.

Technology industry artificial intelligence M&A deals in June 2022: Top deals

The top five artificial intelligence M&A deals accounted for 100% of the overall value during June 2022.

The combined value of the top five Technology artificial intelligence M&A deals stood at $555.82m, against the overall value of $555.8m recorded for the month.

The top five Technology industry artificial intelligence M&A deals of June 2022 tracked by GlobalData were:

1) Shiprocket $200m acquisition deal for 80% stake in Pickrr Technologies Pvt.

2) The $160m acquisition of Digital Shadows by RELIAQUEST

3) International Business Machines $150m acquisition deal with Databand.ai

4) The $45.3m acquisition of Fiinu by Immediate Acquisition

5) Deepmatter Group $0.52m acquisition deal with ChemIntelligence

Verdict deals analysis methodology

This analysis considers only announced and completed artificial intelligence 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.

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