1. Deals Analysis
May 18, 2022

Technology industry cross border M&A deals total $1.05bn in Europe in April 2022

By Carmen

Total technology industry cross border M&A deals worth $1.05bn were announced in Europe in April 2022, led by PTC’s $280m acquisition of Intland Software, according to GlobalData’s deals database.

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The value marked an increase of 7.9% over the previous month of $972.83m and a drop of 80.9% when compared with the last 12-month average of $5.51bn.

Europe held a 25.93% share of the global technology industry cross border M&A deal value that totalled $4.05bn in April 2022. With an 8.26% share and deals worth $334.59m, Germany was the top country in Europe’s cross border M&A deal value across technology industry.

In terms of cross border M&A deal activity, Europe recorded 104 deals during April 2022, marking a decrease of 11.11% over the previous month and a drop of 16.80% over the 12-month average. The UK recorded 24 deals during the month.

Europe technology industry cross border M&A deals in April 2022: Top deals

The top five technology industry cross border M&A deals accounted for 63.8% of the overall value during April 2022.

The combined value of the top five technology cross border deals stood at $670m, against the overall value of $1.05bn recorded for the month.

The top five technology industry cross border M&A deals of April 2022 tracked by GlobalData were:

1) PTC $280m acquisition deal with Intland Software

2) The $100m acquisition of Parseport by Workiva

3) Sonos $100m acquisition deal with Mayht

4) The $100m acquisition of Adyoulike by Spot.IM

5) Vercom $90m acquisition deal with MailerLite UAB

Verdict deals analysis methodology

This analysis considers only announced and completed cross border 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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