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IT mergers and acquisitions still increasing

by on30 October 2019

Worth $9.4 billion worth of companies swallowed

Technology industry merger and acquisition deals in September 2019 totalled $9.4 billion according to beancounters at analyst outfit GlobalData.

While this was a decrease of 71.1 percent over the previous month and a drop of 69.2 percent when compared with the last 12-month average, which stood at $30.46 billion, it is still a sign that mergers and acquisitions in the IT industry are growing.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $5.07 billion.  At the country level, the US topped the list in terms of deal value at $5.05 billion.

In terms of volumes, North America emerged as the top region for technology industry M&A deals globally, followed by Europe and then Asia-Pacific.

The top country in terms of M&A deals activity in September 2019 was the US with 161 deals, followed by the UK with 41 and Canada with 24.

In 2019, as of the end of September 2019, technology M&A deals worth $245.01bn were announced globally, marking a decrease of 24.5 percent year on year.

The top five technology industry M&A deals accounted for 66.5 percent of the overall value during September 2019.

The combined value of the top five technology M&A deals stood at $6.25 billion against the overall value of $9.4 billion recorded for the month.

The top five technology industry deals of September 2019 tracked by GlobalData were:

1. Qualcomm’s $3.1 billion acquisition of RF360 Holdings Singapore
2. The $1  billion acquisition of CTRL-labs by Facebook
3. AMETEK’s $925 million acquisition of Gatan
4. The $775 million acquisition of Livermore by ANSYS
5. Shopify’s acquisition of 6 River Systems for $450 million.


Last modified on 30 October 2019
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