North America’s technology industry saw a drop of 21.32% in artificial intelligence deal activity during February 2022, when compared with the last 12-month average, led by Black Knight’s $1.16bn acquisition of Optimal Blue Holdco, 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.

 

A total of 107 technology industry artificial intelligence deals worth $4.2bn were announced for the region in February 2022, against the 12-month average of 136 deals.

Of all the deal types, venture financing saw most activity in February 2022 with 80 transactions, representing a 74.8% share for the region.

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 23 deals, followed by private equity deals with four transactions, respectively capturing a 21.5% and 3.7% share of the overall artificial intelligence deal activity for the month.

In terms of value of artificial intelligence deals, venture financing was the leading category in North America’s technology industry with $1.98bn, while M&A and private equity deals totalled $1.17bn and $1000m, respectively.

North America technology industry artificial intelligence deals in February 2022: Top deals

The top five technology artificial intelligence deals accounted for 69.4% of the overall value during February 2022.

The combined value of the top five technology artificial intelligence deals stood at $2.88bn, against the overall value of $4.2bn recorded for the month.

The top five technology industry artificial intelligence deals of February 2022 tracked by GlobalData were:

1) Black Knight $1.16bn acquisition deal with Optimal Blue Holdco

2) The $1bn private equity of Securonix by Eight Roads Ventures,Vista Equity Partners Management and Volition Capital

3) March Capital Partner,New Enterprise Associates,Sanabil Investments and Sorenson Capital Partners $400m venture financing deal with Uniphore Technologies

4) The $175m venture financing of BloomReach by Bain Capital Ventures,Goldman Sachs Asset Management and TPG Sixth Street Partners

5) 776 Fund Management,a16z,Bedrock Capital Partners,Initialized Capital Management,Matrix Partners,Meritech Capital Partners,Spark Capital and Tiger Global Management $150m venture financing deal with Flock Group