Total technology industry M&A deals worth $529.9m were announced in Canada in May 2021, with MKS Instruments’ $318.9m acquisition of Photon Control being the sector’s biggest investment, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 787.3% over the previous month of $59.72m and a drop of 82.6% when compared with the last 12-month average of $3.05bn.

Canada held a 0.51% share of the global technology industry M&A deal value that totalled $103.96bn in May 2021.

In terms of M&A deal activity, the Canada recorded 23 deals during May 2021, marking a decrease of 23.33% over the previous month and a drop of 20.69% over the 12-month average.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Canada technology industry M&A deals in May 2021: Top deals

The top five technology industry M&A deals accounted for 99.1% of the overall value during May 2021.

The combined value of the top five technology M&A deals stood at $525.05m, against the overall value of $529.9m recorded for the month.

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

1) MKS Instruments’ $318.9m acquisition of Photon Control

2) The $175m acquisition of Ludia by Jam City

3) Capricorn Business Acquisitions’ $22.72m acquisition of Canada Computational Unlimited.

4) The $4.94m acquisition of Beyond the Moon by Graph Blockchain

5) Hello Pal International’s acquisition of 51% stake in Crypto Pal Technology for $3.5m.