1. Deals Analysis
November 26, 2019

Technology industry deals in October 2019 total $49.68bn globally

By Carmen

Total technology industry deals for October 2019 worth $49.68bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 81.8% over the previous month and a rise of 0.9% when compared with the last 12-month average of $49.26bn.

In terms of number of deals, the sector saw a rise of 4.5% over the last 12-month average with 1551 deals against the average of 1484 deals.

In value terms, North America led the activity with deals worth $23.89bn.

Technology industry deals in October 2019: Top deals

The top five technology deals accounted for 56.04% of the overall value during October 2019.

The combined value of the top five technology deals stood at $27.84bn, against the overall value of $49.68bn recorded for the month.

The top five technology industry deals of October 2019 tracked by GlobalData were:

1) Paddy Power Betfair’s $9.16bn acquisition of The Stars Group

2) The $8.4bn acquisition of InterXion Holding by Digital Realty Trust

3) Surf Buyer’s $3.95bn private equity deal with Sophos

4) The $3.87bn private equity deal with Cision by Platinum Equity

5) Cellnex Telecom’s asset transaction with Arqvia Group for $2.46bn.

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.

 

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.