Global technology sector deals totalled $356.3 billion in Q2 2021

Discovery’s $43 billion acquisition deal with Warner Media was the technology industry’s biggest deal of Q2 2021, as deals worth $356.3 billion were announced globally in the quarter, according to GlobalData’s deals database. The value marked a 20.4% increase over the previous quarter and a rise of 38.8% when compared with the last four-quarter average of $256.71 billion. In terms of number deals, the technology sector saw an increase of 19.92% with 6147 deals in Q2 2021 against the average of 5126 deals in the last four quarters. In value terms, North America led the activity with deals with $230.56 billion.

The top five technology industry deals accounted for 32.1% of the overall value during Q2 2021. The combined value of the top five deals stood at $114.31 billion, against the overall value of $356.3 billion for the quarter. The top five technology industry deals of Q2 2021 tracked by GlobalData included Discovery’s $43 billion acquisition deals with Warner Media; the $20.9 billion private equity with Toshiba by CVC Capital Partners SICAV-FIS; Microsoft’s $19.7 billion acquisition of Nuance Communications; Gulf Energy Development’s $18.41 billion acquisition of Advanced Info Service Public; and Thoma Bravo’s private equity with Proofpoint for $12.3 billion.

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