Total technology industry cross border M&A deals worth $2.67bn were announced in the US in January 2021, with Eaton Corporation’s $1.65bn acquisition of Tripp Lite 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 a decrease of 78.04% over the previous month of $12.16bn and a drop of 43.1% when compared with the last 12-month average of $4.69bn.

The US held a 15.11% share of the global technology industry cross border M&A deal value that totalled $17.67bn in January 2021.

In terms of cross border M&A deal activity, the US recorded 43 deals during January 2021, marking a decrease of 32.81% over the previous month and a rise of 22.86% over the 12-month average.

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.

US technology industry cross border M&A deals in January 2021: Top deals

The top five technology industry cross border M&A deals accounted for 98.4% of the overall value during January 2021.

The combined value of the top five technology cross border M&A deals stood at $2.63bn, against the overall value of $2.67bn recorded for the month.

The top five technology industry cross border M&A deals of January 2021 tracked by GlobalData were:

1) Eaton Corporation’s $1.65bn acquisition of Tripp Lite

2) The $437m acquisition of Star2Star Communications by Sangoma Technologies

3) Hopin’ $250m acquisition of StreamYard.

4) The $210m acquisition of KingsIsle Entertainment by Media and Games Invest

5) LG Electronics’ acquisition of Alphonso for $80m.