1. Deals Analysis
February 26, 2021

Technology industry M&A deals total $26.13bn in Europe in January 2021

By Carmen

Total technology industry M&A deals worth $26.13bn were announced in Europe in January 2021, led by Arab Investment Bank S.A.L.’s $11.21bn acquisition of Temenos, according to GlobalData’s deals database.

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The value marked an increase of 71.01% over the previous month of $15.28bn and a rise of 59.1% when compared with the last 12-month average of $16.42bn.

Europe held a 34.78% share of the global technology industry M&A deal value that totalled $75.13bn in January 2021. With a 14.95% share and deals worth $11.23bn, Switzerland was the top country in Europe’s M&A deal value across technology industry.

In terms of M&A deal activity, Europe recorded 166 deals during January 2021, marking a decrease of 25.23% over the previous month and a drop of 8.79% over the 12-month average. The UK recorded 43 deals during the month.

Europe technology industry M&A deals in January 2021: Top deals

The top five technology industry M&A deals accounted for 92.3% of the overall value during January 2021.

The combined value of the top five technology deals stood at $24.12bn, against the overall value of $26.13bn recorded for the month.

The top five technology industry M&A deals of January 2021 tracked by GlobalData were:

1) Arab Investment Bank S.A.L.’s $11.21bn acquisition of Temenos

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

3) CNP Assurances, EDF Invest and La Banque des Territoires’ $1.63bn acquisition of Orange Concessions

4) The $1.22bn acquisition of Signavio by SAP

5) Workday’s acquisition of Peakon for $700m.

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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