1. Deals Analysis
November 29, 2020updated 01 Dec 2020 4:42pm

Technology industry cross border M&A deals total $3.11bn in Europe in October 2020

Total technology industry cross border M&A deals worth $3.11bn were announced in Europe in October 2020, led by Dun & Bradstreet Holdings’ $807.41m acquisition of Bisnode, according to GlobalData’s deals database.

The value marked a decrease of 93.2% over the previous month and a drop of 68% when compared with the last 12-month average of $9.73bn.

Europe held a 13.12% share of the global technology industry cross border M&A deal value that totalled $23.76bn in October 2020. With a 4.00% share and deals worth $951.31m, Poland 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 98 deals during October 2020, marking an increase of 5.38% over the previous month and a rise of 22.5% over the 12-month average. The UK recorded 25 deals during the month.

Europe technology industry cross border M&A deals in October 2020: Top deals

The top five technology industry cross border M&A deals accounted for 59.1% of the overall value during October 2020.

The combined value of the top five technology cross border M&A deals stood at $1.84bn, against the overall value of $3.11bn recorded for the month.

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

1) Dun & Bradstreet Holdings’s $807.41m acquisition of Bisnode

2) The $527.27m acquisition of Voxbone by Bandwidth

3) Zynga’s $180m acquisition of Rollic Games

4) The $175.78m acquisition of GANTNER Electronic Austria by Salto Systems

5) BlackLine’s acquisition of Rimilia Europe for $150m.

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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