1. Deals Analysis
May 21, 2022

Technology industry cross border M&A deals total $2.7bn in North America in April 2022

By Carmen

Total technology industry cross border M&A deals worth $2.7bn were announced in North America in April 2022, led by Deutsche Telekom’s $2.4bn acquisition of SoftBank Group and T-Mobile US, according to GlobalData’s deals database.

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The value marked an increase of 41.9% over the previous month of $1.91bn and a drop of 46.7% when compared with the last 12-month average of $5.08bn.

North America held a 66.91% share of the global technology industry cross border M&A deal value that totalled $4.05bn in April 2022. With a 63.70% share and deals worth $2.58bn, the US was the top country in North America’s cross border M&A deal value across technology industry.

In terms of cross border M&A deal activity, North America recorded 46 deals during April 2022, marking a decrease of 11.54% over the previous month and a drop of 31.34% over the 12-month average. The US recorded 29 deals during the month.

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

The top five technology industry cross border M&A deals accounted for 99.4% of the overall value during April 2022.

The combined value of the top five technology cross border deals stood at $2.69bn, against the overall value of $2.7bn recorded for the month.

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

1) Deutsche Telekom $2.4bn acquisition deal with SoftBank Group and T-Mobile US

2) The $110m acquisition of 40% stake in Silver Gold Bull by A-Mark Precious Metals

3) Beijing Kunlun Technology $83.5m acquisition deal for 19.4% stake in Starmaker Interactive

4) The $80m acquisition of Convergence Acceleration Solutions by Wipro

5) Dunlop & Associates and Carson $14.86m acquisition deal with Dunlop Weldon & Associates,Carson and National Property Inspections

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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