1. Deals Analysis
March 17, 2021

Technology industry M&A deals total $49.56bn globally in February 2021

By Carmen

Total technology industry M&A deals worth $49.56bn were announced globally in February 2021, led by II-VI’s $6.5bn acquisition of Coherent, according to GlobalData’s deals database.

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The value marked a decrease of 34.8% over the previous month of $75.96bn and a drop of 16.8% when compared with the last 12-month average, which stood at $59.54bn.

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 $27.52bn. At the country level, the US topped the list in terms of deal value at $27.42bn.

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 2021 was the US with 266 deals, followed by the UK with 55 and Canada with 30.

In 2021, as of February, technology M&A deals worth $125.52bn were announced globally, marking an increase of 261.1% year on year.

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

The top five M&A deals accounted for 56.9% of the overall value during February 2021.

The combined value of the top five technology M&A deals stood at $28.2bn, against the overall value of $49.56bn recorded for the month.

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

1) II-VI’s $6.5bn acquisition of Coherent

2) The $6.27bn acquisition of Hivory by Cellnex Telecom

3) MKS Instruments’ $6.17bn acquisition of Coherent

4) The $5.9bn acquisition of Dialog Semiconductor by Renesas Electronics

5) Macquarie Infrastructure and Real Assets (MIRA)’s acquisition of Vocus Group for $3.35bn.

Verdict deals analysis methodology

This analysis considers only announced and completed 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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