US technology industry saw a drop of 10.26% in overall cross border deal activity during November 2020, when compared with the last 12-month average, led by Deutsche Borse’s $2.28bn acquisition of Institutional Shareholder Services, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

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

 

A total of 70 cross border deals worth $4.65bn were announced in November 2020, compared with the 12-month average of 78 deals.

venture financing was the leading category in the month in terms of volume with 43 deals, which accounted for 61.4% of all cross border deals.

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
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was M&A with 23 cross border deals, followed by private equity with four transactions, respectively accounting for 32.9% and 5.7% of overall deal activity in the US technology industry during the month.

In terms of value of cross border deals, M&A was the leading deal category in the US technology industry with total deals worth $3.09bn, while private equity and venture financing deals totalled $854.01m and $711.33m respectively.

US technology industry cross border deals in November 2020: Top deals

The top five technology industry cross border deals accounted for 84% of the overall value during November 2020.

The combined value of the top five technology cross border deals stood at $3.91bn, against the overall value of $4.65bn recorded for the month.

The top five technology industry cross border deals of November 2020 tracked by GlobalData were:

1) Deutsche Borse’s $2.28bn acquisition of Institutional Shareholder Services

2) The $700m private equity deal with ParkJockey Global by Mubadala Investment, Oaktree Capital Management, SoftBank Group, Target Global Seed Fund and UBS Asset Management

3) Lightspeed POS’s $483.22m acquisition of ShopKeep

4) The $300m acquisition deal with OpenMarket by Infobip

5) GIC and Thrive Capital’s private equity with Vimeo for $150m.