Total technology industry cloud M&A deals worth $69.2bn were announced in North America in May 2022, led by Broadcom’s $69bn acquisition of VMware, 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 712.3% over the previous month of $8.52bn and a rise of 1592.2% when compared with the last 12-month average of $4.09bn.
North America held a 99.08% share of the global technology industry cloud M&A deal value that totalled $69.85bn in May 2022. With a 99.08% share and deals worth $69.21bn, the US was the top country in North America’s cloud M&A deal value across technology industry.
In terms of cloud M&A deal activity, North America recorded 37 deals during May 2022, marking a decrease of 5.13% over the previous month and a drop of 17.78% over the 12-month average. The US recorded 34 deals during the month.
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.
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 formBy GlobalData
North America technology industry cloud M&A deals in May 2022: Top deals
The top three technology industry cloud M&A deals accounted for 99.98% of the overall value during May 2022.
The combined value of the top three technology cloud deals stood at $69.20bn, against the overall value of $69.21bn recorded for the month.
The top three technology industry cloud M&A deals of May 2022 tracked by GlobalData were:
1) Broadcom $69bn acquisition deal with VMware
2) The $200m acquisition of 200 OK by Paddle.com Market
3) HealthStream $8.16m acquisition deal for 80% stake in CloudCME