Total technology industry M&A deals worth $3.6bn were announced in Middle East and Africa in November 2021, led by Vodacom Group’s $3.15bn acquisition of Vodafone Egypt Telecommunications, 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 431.8% over the previous month of $682.54m and a rise of 89.1% when compared with the last 12-month average of $1.92bn.

Middle East and Africa held an 8.79% share of the global technology industry M&A deal value that totalled $41.28bn in November 2021. With a 7.63% share and deals worth $3.15bn, Egypt was the top country in Middle East and Africa’s M&A deal value across technology industry.

In terms of M&A deal activity, Middle East and Africa recorded 28 deals during November 2021, marking an increase of 55.56% over the previous month and a rise of 64.71% over the 12-month average. Israel recorded 14 deals during the month.

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.

Middle East and Africa technology industry M&A deals in November 2021: Top deals

The top five technology industry M&A deals accounted for 100% of the overall value during November 2021.

The combined value of the top five technology deals stood at $3.63bn, against the overall value of $3.6bn recorded for the month.

The top five technology industry M&A deals of November 2021 tracked by GlobalData were:

1) Vodacom Group $3.15bn acquisition deal for 55% stake in Vodafone Egypt Telecommunications

2) The $300m acquisition of 27.1% stake in Partner CommunicationsLtd. by Avi Gabbay and Shlomo Rodav

3) Fiverr International $95m acquisition deal for 27.1% stake in Stoke Talent

4) The $74m acquisition of 50% stake in Transguard Cash by Transguard Group

5) OMNIQ $4.14m acquisition of 26% stake in Dangot Computers