Total technology industry M&A deals worth $17.69bn were announced in Asia-Pacific in Q1 2021, led by Beijing ByteDance Technology’s $4bn acquisition of Shanghai Mutong Technology, according to GlobalData’s deals database.

  • 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 45.3% over the previous quarter and a drop of 41.8% when compared with the last four-quarter average of $30.37bn.

Asia-Pacific held an 8.49% share of the global technology industry M&A deal value that totalled $208.44bn in Q1 2021. With a 3.19% share and deals worth $6.65bn, China was the top country in Asia-Pacific’s M&A deal value across technology industry.

In terms of deal activity, Asia-Pacific recorded 438 deals during Q1 2021, marking a decrease of 2.23% over the previous quarter and a rise of 9.50% over the last four-quarter average. Japan recorded 109 deals during the quarter.

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.

Asia-Pacific technology industry M&A deals in Q1 2021: Top deals

The top five technology industry M&A deals accounted for 65.2% of the overall value during Q1 2021.

The combined value of the top five M&A deals stood at $11.53bn, against the overall value of $17.69bn recorded for the quarter.

The top five technology industry deals of Q1 2021 tracked by GlobalData were:

1) Beijing ByteDance Technology’s $4bn acquisition of Shanghai Mutong Technology

2) The $3.35bn acquisition of Vocus Group by Macquarie Infrastructure and Real Assets (MIRA)

3) Match Group’s $1.73bn acquisition of Hyperconnect

4) The $1.4bn acquisition of Magnachip Semiconductor by Michigan Merger Sub and South Dearborn

5) Bentley Systems’ acquisition of Seequent for $1.05bn.