Total technology industry cloud M&A deals worth $1.11bn were announced globally in February 2021, led by Kaleyra’s $215m acquisition of mGage, 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 96.7% over the previous month of $33.14bn and a drop of 91.9% when compared with the last 12-month average, which stood at $13.71bn.

Comparing cloud M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $715.54m. At the country level, the US topped the list in terms of deal value at $649.78m.

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

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.

The top country in terms of cloud M&A deals activity in February 2021 was the US with 50 deals, followed by the UK with nine and India with six.

In 2021, as of February, technology cloud M&A deals worth $34.25bn were announced globally, marking an increase of 347% year on year.

technology industry cloud M&A deals in February 2021: Top deals

The top five cloud M&A deals accounted for 71.5% of the overall value during February 2021.

The combined value of the top five technology cloud M&A deals stood at $796m, against the overall value of $1.11bn recorded for the month.

The top five technology industry cloud M&A deals of February 2021 tracked by GlobalData were:

1) Kaleyra’s $215m acquisition of mGage

2) The $156m acquisition of Bridgecrew by Palo Alto Networks

3) Sentinel labs’ $155m acquisition of Scalyr

4) The $150m acquisition of Haygot Education by Think and Learn

5) Antares Vision’s acquisition of rfXcel for $120m.