1. Deals Analysis
June 14, 2022

Technology industry M&A deals total $5.1bn in UK in May 2022

By Carmen

Total technology industry M&A deals worth $5.1bn were announced in the UK in May 2022, with Emirates Telecommunications Group Co’s $4.4bn acquisition of Vodafone Group being the sector’s biggest investment, according to GlobalData’s deals database.

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The value marked an increase of 1559.8% over the previous month of $306.06m and a rise of 28% when compared with the last 12-month average of $3.97bn.

The UK held a 5.13% share of the global technology industry M&A deal value that totalled $98.98bn in May 2022.

In terms of M&A deal activity, the UK recorded 59 deals during May 2022, marking an increase of 7.27% over the previous month and a drop of 1.67% over the 12-month average.

UK technology industry M&A deals in May 2022: Top deals

The top five technology industry M&A deals accounted for 99.4% of the overall value during May 2022.

The combined value of the top five technology M&A deals stood at $5.05bn, against the overall value of $5.1bn recorded for the month.

The top five technology industry M&A deals of May 2022 tracked by GlobalData were:

1) Emirates Telecommunications Group Co $4.4bn acquisition deal for 9.8% stake in Vodafone Group

2) The $387m acquisition of M&C Saatchi by Next Fifteen Communications Group

3) Amdocs $188m acquisition deal with MYCOM OSI

4) The $65.65m acquisition of Yotta by Causeway Technologies

5) Mitie Group $12.51m acquisition deal with 8point8 Support,8point8 Training and Vantage Solutions

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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