Total technology industry cross border M&A deals worth $6.3bn were announced in Europe in May 2022, led by Emirates Telecommunications Group Co’s $4.4bn acquisition of 9.8% stake in Vodafone Group, according to GlobalData’s deals database.
- 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 473.6% over the previous month of $1.1bn and a rise of 17.1% when compared with the last 12-month average of $5.39bn.
Europe held a 54.73% share of the global technology industry cross border M&A deal value that totalled $11.53bn in May 2022. With a 39.90% share and deals worth $4.6bn, the UK was the top country in Europe’s cross border M&A deal value across technology industry.
In terms of cross border M&A deal activity, Europe recorded 116 deals during May 2022, marking a decrease of 3.33% over the previous month and a drop of 8.66% over the 12-month average. The UK recorded 28 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.
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 GlobalDataEurope technology industry cross border M&A deals in May 2022: Top deals
The top five technology industry cross border M&A deals accounted for 92.6% of the overall value during May 2022.
The combined value of the top five technology cross border deals stood at $5.84bn, against the overall value of $6.3bn recorded for the month.
The top five technology industry cross border M&A 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 $607m acquisition of LeoVegas by MGM Resorts International
3) Telefonica Tech S.L.U. $368.98m acquisition deal with BE-terna- Austria
4) The $275.96m acquisition of 44.31% stake in Mediaset Espana Comunicacion by MediaForEurope
5) Amdocs $188m acquisition deal with MYCOM OSI