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Technology Industry Deals in September 2019 total $26.7bn Globally

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Total technology industry deals for September 2019 worth $26.7bn were announced globally, according to GlobalData’s deals database.

The value marked a decrease of 39.02% over the previous month and a drop of 48.1% when compared with the last 12-month average of $51.46bn.

In terms of number of deals, the sector saw a drop of 0.3% over the last 12-month average with 1445 deals against the average of 1449 deals.

Read More: CSO of Squirrel AI Learning Tells the story of China in the Era of AI Education

In value terms, North America led the activity with deals worth $14.97bn.

Technology industry deals in September 2019: Top deals

The top five technology deals accounted for 26.9% of the overall value during September 2019.

The combined value of the top five technology deals stood at $7.19bn, against the overall value of $26.7bn recorded for the month.

Read More: AI Use Expected to Increase in Risk and Compliance Efforts, But Few Have Ethics Frameworks in Place

The top five technology industry deals of September 2019 tracked by GlobalData were:

  1. Qualcomm’s $3.1bn acquisition of RF360 Holdings Singapore
  2. The $1.09bn private equity deal with Inexio BeteiligungsKGaA by EQT Infrastructure IV Fund
  3. Silver Lake Partners’s $1bn private equity deal with Motorola Solutions
  4. The $1bn acquisition of CTRL-labs by Facebook
  5. Vista Equity Partners’s private equity deal with Acquia for $1bn.

Read More: AI Use Expected to Increase in Risk and Compliance Efforts, But Few Have Ethics Frameworks in Place

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