1. Deals Analysis
November 27, 2020updated 02 Dec 2020 2:11pm

Technology industry cross border deals total $31.07bn globally in October 2020

By Carmen

Total technology industry cross border deals worth $31.07bn were announced globally for October 2020, with Marvell Technology Group’s $10.27bn acquisition of Inphi being the sector’s biggest investment, according to GlobalData’s deals database.

The value marked a decrease of 58.7% over the previous month and a rise of 10.6% when compared with the last 12-month average of $28.09bn.

In terms of number of cross border deals, the sector saw a rise of 5.7% over the last 12-month average with 428 deals against the average of 405 deals.

In value terms, North America led the activity with cross border deals worth $13.02bn in October 2020.



Technology industry cross border deals in October 2020: Top deals

The top five cross border deals accounted for 75.5% of the overall value during October 2020.

The combined value of the top five cross border deals stood at $23.47bn, against the overall value of $31.07bn recorded for the month.

The top five technology industry cross border deals of October 2020 tracked by GlobalData were:

1) Marvell Technology Group’s $10.27bn acquisition of Inphi

2) The $9bn asset transaction with Intel by SK Hynix

3) Advent International and James M. Peck’s $2.7bn private equity deal with Nielsen

4) The $807.41m acquisition deal of Bisnode by Dun & Bradstreet Holdings

5) Teleperformance’s acquisition deal with Health Advocate for $690m.

Verdict deals analysis methodology

This analysis considers only announced and completed 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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