Total Technology industry internet of things deals worth $5.4bn were announced globally for May 2022, with the Emirates Telecommunications Group Co $4.4bn acquisition deal for 9.8% in Vodafone Group being the sector’s biggest investment, according to GlobalData’s deals database.

Go deeper with GlobalData

Data 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.

The value marked an increase of 62.3% over the previous month of $3.34bn and a rise of 13.2% when compared with the last 12-month average of $4.79bn.

In terms of number of internet of things deals, the sector saw a drop of 15.19% with 67 deals in May 2022 when compared to the last 12-month average of 79 deals.

In value terms, Europe led the activity with internet of things deals worth $4.6bn in May 2022.

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.

Technology industry internet of things deals in May 2022: Top deals

The top five internet of things deals accounted for 89.6% of the overall value during May 2022.

The combined value of the top five internet of things deals stood at $4.86bn, against the overall value of $5.4bn recorded for the month.

The top five Technology industry internet of things deals of May 2022 tracked by GlobalData were:

1) Emirates Telecommunications Group Co $4.4bn acquisition deal for 9.8% stake in Vodafone Group

2) The $200m acquisition of Seebo Interactive by Augury

3) BlackRock and Mithril Capital Management $110m venture financing deal with GreyOrange

4) The $80m venture financing of SkySpecs by Equinor Ventures,Evergy Ventures,Huron River Ventures,NextEra Energy Resources,Statkraft Ventures,The Goldman Sachs Group and UL Ventures

5) Battery Ventures,Intel Capital (Cayman),Pitango Venture Capital,Saban Ventures and Vertex Ventures HC $67m venture financing deal with Nexite