Total technology industry cross border M&A deals worth $10.2bn were announced globally in July 2021, led by iWebb’s $3.7bn acquisition of Tingo Mobile, 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 a decrease of 39% over the previous month of $16.7bn and a drop of 57.7% when compared with the last 12-month average, which stood at $24.07bn.

Comparing cross border M&A deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $5bn. At the country level, the Nigeria topped the list in terms of deal value at $3.7bn.

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

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.

The top country in terms of cross border M&A deals activity in July 2021 was the US with 40 deals, followed by the UK with 31 and Australia with 17.

In 2021, as of July, technology cross border M&A deals worth $116.84bn were announced globally, marking an increase of 155.5% year on year.

technology industry cross border M&A deals in July 2021: Top deals

The top five cross border M&A deals accounted for 72.8% of the overall value during July 2021.

The combined value of the top five technology cross border M&A deals stood at $7.42bn, against the overall value of $10.2bn recorded for the month.

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

1) Tingo Mobile $3.7bn acquisition deal with iWebb

2) The $1.26bn acquisition of 91.25% stake in Sumo Group by Sixjoy Hong Kong

3) Daily Mail & General Trust $1.13bn acquisition deal for 70% stake in Rothermere Continuation

4) Green Mountain $857.66m acquisition deal with Azrieli Group

5) The $472.7m acquisition of CANCOM by ElevenPaths