1. Deals Analysis
September 3, 2020

Technology industry M&A deals in July 2020 total $8.05bn in UK

By Carmen

Total technology industry M&A deals in July 2020 worth $8.05bn were announced in the UK, according to GlobalData’s deals database.

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The value marked an increase of 1477.2% over the previous month and a rise of 242.9% when compared with the last 12-month average of $2.35bn.

The UK held a 16.1% share of the global technology industry M&A deal value that totalled $49.93bn in July 2020.

In terms of deal activity, the UK recorded 38 deals during July 2020, marking an increase of 5.6% over the previous month and a flat growth over the 12-month average.

The UK technology industry M&A deals in July 2020: Top deals

The top five technology industry M&A deals accounted for 98.9% of the overall value during July 2020.

The combined value of the top five technology M&A deals stood at $7.97bn, against the overall value of $8.05bn recorded for the month.

The top five technology industry deals of July 2020 tracked by GlobalData were:

1) The merger of Clarivate Analytics (US) and CPA Global for $6.8bn

2) The $1bn acquisition of OneWeb by Bharti Global, UK Secretary of State for Business and Energy and Industrial Strategy

3) Wipro Biomed’s $78.59m acquisition of Weare4C UK

4) The $49.5m asset transaction with Bigblu Broadband by Eutelsat Communications

5) The merger of DoubleEdge Professional Services, Foehn and Metaphor IT Group for $38.37m.

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.

 

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.

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