1. Deals Analysis
April 21, 2022

Technology industry cross border M&A deals total $458.6m in Asia-Pacific in March 2022

By Verdict Staff

Total technology industry cross border M&A deals worth $458.6m were announced in Asia-Pacific in March 2022, led by NCS’s $239.62m acquisition of Dialog, according to GlobalData’s deals database.

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The value marked an increase of 156.4% over the previous month of $178.82m and a drop of 75.1% when compared with the last 12-month average of $1.84bn.

Asia-Pacific held an 11.41% share of the global technology industry cross border M&A deal value that totalled $4.02bn in March 2022. With an 11.38% share and deals worth $457.5m, Australia was the top country in Asia-Pacific’s cross border M&A deal value across technology industry.

In terms of cross border M&A deal activity, Asia-Pacific recorded 22 deals during March 2022, marking a decrease of 37.14% over the previous month and a drop of 43.59% over the 12-month average. India recorded six deals during the month.

Asia-Pacific technology industry cross border M&A deals in March 2022: Top deals

The top three technology industry cross border M&A deals accounted for 100% of the overall value during March 2022.

The combined value of the top three technology cross border deals stood at $458.56m, against the overall value of $458.6m recorded for the month.

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

1) NCS $239.62m acquisition deal with Dialog

2) The $217.89m acquisition of Arq Group Enterprise by NCS

3) Infinite Honor $1.06m acquisition deal with Yummy Network TechnologyLimited

Verdict deals analysis methodology

This analysis considers only announced and completed big data 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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