1. Deals Analysis
April 30, 2021

Technology industry M&A deals total $72.11bn in North America in March 2021

By Carmen

Total technology industry M&A deals worth $72.11bn were announced in North America in March 2021, led by Rogers Communications’ $20.83bn acquisition of Shaw Communications, 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 114% over the previous month of $33.7bn and a rise of 127.8% when compared with the last 12-month average of $31.65bn.

North America held a 77.90% share of the global technology industry M&A deal value that totalled $92.57bn in March 2021. With a 54.92% share and deals worth $50.84bn, the US was the top country in North America’s M&A deal value across technology industry.

In terms of M&A deal activity, North America recorded 353 deals during March 2021, marking an increase of 9.63% over the previous month and a rise of 37.35% over the 12-month average. The US recorded 309 deals during the month.

North America technology industry M&A deals in March 2021: Top deals

The top five technology industry M&A deals accounted for 73.7% of the overall value during March 2021.

The combined value of the top five technology deals stood at $53.17bn, against the overall value of $72.11bn recorded for the month.

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

1) Rogers Communications’ $20.83bn acquisition of Shaw Communications

2) The $10bn merger with ironSource and Thoma Bravo Advantage

3) Hitachi’s $9.5bn acquisition of GlobalLogic

4) The $6.5bn acquisition of Auth0 by Okta

5) The merger of SYNNEX and Tech Data for $6.33bn.

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.

Topics in this article: ,