1. Deals Analysis
July 26, 2021

Technology industry M&A deals total $29.3bn globally in June 2021

By Carmen

Total technology industry M&A deals worth $29.3bn were announced globally in June 2021, led by Pershing Square Tontine Holdings’ $4bn acquisition of 10% stake in Universal Music Group, according to GlobalData’s deals database.

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The value marked a decrease of 71.8% over the previous month of $103.97bn and a drop of 54.4% when compared with the last 12-month average, which stood at $64.3bn.

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 $15.39bn. At the country level, the US topped the list in terms of deal value at $14.84bn.

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 June 2021 was the US with 248 deals, followed by the UK with 59 and Canada with 25.

In 2021, as of June, technology M&A deals worth $350.51bn were announced globally, marking an increase of 282.03% year on year.

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

The top five M&A deals accounted for 45.5% of the overall value during June 2021.

The combined value of the top five technology M&A deals stood at $13.33bn, against the overall value of $29.3bn recorded for the month.

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

1) Pershing Square Tontine Holdings’ $4bn acquisition of 10% stake in Universal Music Group

2) The $3.11bn acquisition of 12.1% stake in BT Group by Altice UK

3) Rockwell Automation’s $2.22bn acquisition of Plex Systems

4) The $2.2bn acquisition of Sykes Enterprises by SITEL

5) Prosus’ acquisition of Stack Exchange for $1.8bn.

Verdict deals analysis methodology

This analysis considers only announced and completed artificial intelligence 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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