1. Deals Analysis
May 4, 2021

Technology industry M&A deals total $208.44bn globally in Q1 2021

By Carmen

Total technology industry M&A deals worth $208.44bn were announced globally in Q1 2021, led by Rogers Communications’ $20.83bn acquisition of Shaw Communications, according to GlobalData’s deals database.

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The value marked a decrease of 18.2% over the previous quarter of $254.91bn and a rise of 26.4% when compared with the last four-quarter average, which stood at $164.9bn.

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 $140.61bn. At the country level, the US topped the list in terms of deal value at $117.59bn.

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 Q1 2021 was the US with 915 deals, followed by the UK with 204 and Canada with 119.

In 2021, at the end of , M&A deals worth $208.44bn were announced globally in technology industry, marking a decrease of 297.2% year on year.

M&A deals in technology industry in Q1 2021: Top deals

The top five M&A deals in technology industry accounted for 27.85% of the overall value during Q1 2021.

The combined value of the top deals stood at $58.06bn, against the overall value of $208.44bn recorded for the quarter.

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

1) Rogers Communications’ $20.83bn acquisition of Shaw Communications

2) The $10bn merger of ironSource and Thoma Bravo Advantage

3) Hitachi’s $9.5bn acquisition of GlobalLogic

4) The $9.37bn asset transaction with Telxius Telecom SAU by American Tower

5) Teledyne Technologies’ acquisition of FLIR Systems for $8.36bn.

Verdict deals analysis methodology

This analysis considers only announced and completed cloud-deals 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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