Total Technology industry cloud deals worth $34bn were announced globally for April 2022, with the Brookfield Business Partners $8.3bn private equity deal with CDK Global being the sector’s biggest investment, 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.

The value marked an increase of 167.6% over the previous month of $12.7bn and a rise of 89% when compared with the last 12-month average of $17.98bn.

In terms of number of cloud deals, the sector saw a flat growth with 323 deals in April 2022 when compared to the last 12-month average of 323 deals.

In value terms, North America led the activity with cloud deals worth $30.82bn in April 2022.

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

Technology industry cloud deals in April 2022: Top deals

The top five cloud deals accounted for 80.3% of the overall value during April 2022.

The combined value of the top five cloud deals stood at $27.3bn, against the overall value of $34bn recorded for the month.

The top five Technology industry cloud deals of April 2022 tracked by GlobalData were:

1) Brookfield Business Partners $8.3bn private equity deal with CDK Global

2) The $6.9bn private equity of SailPoint Technologies by Thoma Bravo

3) Kaseya $6.2bn acquisition deal with Datto

4) The $4bn private equity of Barracuda Networks by KKRInc

5) Advanced Micro Devices $1.9bn acquisition deal with Pensando Systems