Total technology industry M&A deals worth $1.19bn were announced in Asia-Pacific in January 2021, led by Tencent Music Entertainment Group’s $432.54m acquisition of Shenzhen Lanren Online Technology Co, according to GlobalData’s deals database.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
- 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 83.3% over the previous month of $7.11bn and a drop of 88.2% when compared with the last 12-month average of $10.08bn.
Asia-Pacific held a 1.58% share of the global technology industry M&A deal value that totalled $75.13bn in January 2021. With a 1.07% share and deals worth $804.37m, China was the top country in Asia-Pacific’s M&A deal value across technology industry.
In terms of M&A deal activity, Asia-Pacific recorded 87 deals during January 2021, marking a decrease of 48.52% over the previous month and a drop of 34.59% over the 12-month average. China recorded 26 deals during the month.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataAsia-Pacific technology industry M&A deals in January 2021: Top deals
The top five technology industry M&A deals accounted for 69.6% of the overall value during January 2021.
The combined value of the top five technology deals stood at $826.15m, against the overall value of $1.19bn recorded for the month.
The top five technology industry M&A deals of January 2021 tracked by GlobalData were:
1) Tencent Music Entertainment Group’s $432.54m acquisition of Shenzhen Lanren Online Technology Co
2) The $159.67m acquisition of Beijing ZTE Gundam Communication Technology by Beijing Yitang Semiconductor Industry Investment Center
3) Dagang NeXchange’s $116.1m acquisition of Silterra Malaysia Sdn
4) The $62.28m acquisition of Pentagon Holdco by ReadyTech
5) Shaoxing Lanyue Film and Television Partnership (Limited Partnership)’s acquisition of Zhejiang Shengxi Huashi Culture Media for $55.55m.
