1. Deals Analysis
March 28, 2022

Technology industry M&A deals total $15.7bn globally in February 2022

By Carmen

Total technology industry M&A deals worth $15.7bn were announced globally in February 2022, led by Intel’s $5.4bn acquisition of Tower Semiconductor, according to GlobalData’s deals database.

 
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The value marked a decrease of 85.3% over the previous month of $106.85bn and a drop of 69.5% when compared with the last 12-month average, which stood at $51.41bn.

Comparing M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $6.3bn. At the country level, the US topped the list in terms of deal value at $6.25bn.

In terms of volumes, North America emerged as the top region for technology industry M&A deals globally, followed by Europe and then Asia-Pacific.

The top country in terms of M&A deals activity in February 2022 was the US with 220 deals, followed by the UK with 46 and India with 41.

In 2022, as of February, technology M&A deals worth $122.52bn were announced globally, marking an increase of 24.8% year on year.

technology industry M&A deals in February 2022: Top deals

The top five M&A deals accounted for 61.5% of the overall value during February 2022.

The combined value of the top five technology M&A deals stood at $9.63bn, against the overall value of $15.7bn recorded for the month.

The top five technology industry M&A deals of February 2022 tracked by GlobalData were:

1) Intel $5.4bn acquisition deal with Tower Semiconductor

2) The $1.2bn acquisition of EtQ by Hexagon

3) Black Knight $1.16bn acquisition deal with Optimal Blue Holdco

4) The $974.34m acquisition of 33% stake in JMDC by Omron

5) Akamai Technologies $900m acquisition deal with Linode

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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