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Tech industry deals total $356.3 billion globally in Q2 2021

Discovery’s $43 billion acquisition deal with Warner Media was industry’s biggest deal during the quarter

Tech industry deals total $356.3 billion globally in Q2 2021
Tech industry deals total $356.3 billion globally in Q2 2021

Technology acquisition deals have reached $356.3 billion globally in Q2 2021, according to GlobalData’s deals database.

Discovery’s $43 billion acquisition deal with Warner Media was industry’s biggest deal during the quarter.

The value marked an increase of 20.4% over the previous quarter and a rise of 38.8% when compared with the last four-quarter average of $256.71 billion.

In terms of number of deals, the sector saw a rise of 19.92% with 6147 deals in Q2 2021 against the average of 5126.00 deals in the last four-quarters.

In value terms, North America led the activity with deals worth $230.56 billion.

Technology industry deals in Q2 2021: Top deals

The top five technology industry deals accounted for 32.1% of the overall value during Q2 2021.

The combined value of the top five deals stood at $114.31 billion, against the overall value of $356.3 billion recorded for the quarter.

The top five technology industry deals of Q2 2021 tracked by GlobalData were:

1) Discovery’s $43 billion acquisition deals with Warner Media

2) The $20.9 billion private equity with Toshiba by CVC Capital Partners SICAV-FIS

3) Microsoft’s $19.7 billion acquisition of Nuance Communications

4) The $18.41 billion acquisition of Advanced Info Service Public by Gulf Energy Development

5) Thoma Bravo’s private equity with Proofpoint for $12.3 billion.