Total technology industry internet of things deals worth $1.88bn were announced globally for December 2020, with the $500m venture financing of Hangzhou Lianke Meixun Biomedical Technology being the sector’s biggest investment, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • 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 20% over the previous month of $2.35bn and a drop of 84.7% when compared with the last 12-month average of $12.29bn.

In terms of number of internet of things deals, the sector saw a drop of 17.89% with 78 deals in December 2020 when compared to the last 12-month average of 95 deals.

In value terms, Asia-Pacific led the activity with internet of things deals worth $995.46m in December 2020.

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.

technology industry internet of things deals in December 2020: Top deals

The top five internet of things deals accounted for 65.03% of the overall value during December 2020.

The combined value of the top five internet of things deals stood at $1.23bn, against the overall value of $1.88bn recorded for the month.

The top five technology industry internet of things deals of December 2020 tracked by GlobalData were:

1) GL Ventures, Hillhouse Capital Group, Tencent Holdings and TrustBridge Partners’ $500m venture financing of Hangzhou Lianke Meixun Biomedical Technology

2) The $303.05m acquisition of Esas Group by Circet Group

3) Morgan Stanley Credit Partners, Morgan Stanley Expansion Capital, Morgan Stanley Tactical Value Investing and ROCA Partners’ $150m private equity deal with The Lifetime Value

4) The $150m venture financing deal of Horizon Robotics by 5Y Capital, Capital Today, Guotai Junan International, Hillhouse Capital Group and KTB Network (Shanghai Office)

5) China Cinda Asset Management, Haitong Investment Group, IDG Capital, Jian Xin Jin Yuan Investment, KY Private Equity Fund, Tencent Holdings and Tianya Capital’s venture financing deal with RootCloud for $122.42m.