US technology industry saw a drop of 2.66% in overall deal activity during October 2021, when compared with the last 12-month average, led by Zendesk’s $4.17bn acquisition of SurveyMonkey, 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 806 deals worth $30.1bn were announced in October 2021, compared with the 12-month average of 828 deals.

venture financing was the leading category in the month in terms of volume with 489 deals, which accounted for 60.7% of all deals.

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 248 deals, followed by private equity with 69 transactions, respectively accounting for 30.8% and 8.6% of overall deal activity in the US technology industry during the month.

In terms of value of deals, venture financing was the leading deal category in the US technology industry with total deals worth $14.23bn, while M&A and private equity deals totalled $13.34bn and $2.51bn respectively.

US technology industry deals in October 2021: Top deals

The top five technology industry deals accounted for 33.1% of the overall value during October 2021.

The combined value of the top five technology deals stood at $9.96bn, against the overall value of $30.1bn recorded for the month.

The top five technology industry deals of October 2021 tracked by GlobalData were:

1) Zendesk $4.17bn acquisition deal with SurveyMonkey

2) The $2.5bn acquisition of Sirius Computer Solutions by CDW

3) FirstCash $1.17bn acquisition deal with American First Finance

4) The $1.07bn acquisition of Lucid Holdings by Cint Group

5) AppLovin $1.05bn acquisition deal with MoPub