US technology industry saw a drop of 3.45% in overall internet of things deal activity during January 2021, when compared with the last 12-month average, led by Teledyne Technologies’ $8.36bn acquisition of FLIR Systems, 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 28 internet of things deals worth $8.53bn were announced in January 2021, compared with the 12-month average of 29 deals.

venture financing was the leading category in the month in terms of volume with 15 deals, which accounted for 53.6% of all internet of things 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 12 internet of things deals, followed by private equity with one transactions, respectively accounting for 42.9% and 3.6% of overall deal activity in the US technology industry during the month.

In terms of value of internet of things deals, M&A was the leading deal category in the US technology industry with total deals worth $8.41bn, followed by venture financing deals totalled $124.93m.

US technology industry internet of things deals in January 2021: Top deals

The top five technology industry internet of things deals accounted for 98.9% of the overall value during January 2021.

The combined value of the top five technology internet of things deals stood at $8.44bn, against the overall value of $8.53bn recorded for the month.

The top five technology industry internet of things deals of January 2021 tracked by GlobalData were:

1) Teledyne Technologies’ $8.36bn acquisition of FLIR Systems

2) The $23m venture financing of NimbeLink by Airgain

3) AgEagle Aerial Systems’ $23m acquisition of MicaSense

4) The $17m acquisition deal with Starship Technologies by Goodyear Ventures and TDK Ventures

5) Evertz Microsystems and Verizon Ventures’ venture financing with ShotTracker for $11m.