Amid the on-going coronavirus pandemic, 2021 followed in the footsteps of its predecessor, continuing to be an unpredictable, and at times incredibly difficult, year. But one thing that stayed constant was the steady flow of mergers and acquisitions (M&A) across the tech sector.

According to research by Global Data, global tech M&A deals had already neared $3 trillion by Q3, largely supported by the tech, media, and telecom sectors. Although nothing rivalled Xilinx’s $35 billion acquisition of Advanced Micro Devices in 2020, last year did see Intuit buy Mailchimp for $12 billion and Square splash out a princely sum — $29 billion — for Afterpay.

GolbalData M&A chart GlobalData

Global mergers and acquisitions value.

As for whether 2022 will maintain last year’s pace, early signs seem to suggest there will be no slowing of big deals across the industry, with cybersecurity and collaboration software already proving to be hot areas.

Here are the biggest enterprise technology acquisitions of 2022 so far, in reverse chronological order:

April 25: Elon Musk buys Twitter for $44B

Nine years after going public, and eleven days after billionaire Elon Musk first made an offer to buy Twitter, the social media network announced it would become a privately owned company once again.

The purchase price totals an eye-watering $44 billion and is includes of $21 billion of Musk’s own money, alongside debt funding from Morgan Stanley and other financial institutions. The purchase price represents a 38% premium to Twitter’s closing stock price on April 1.


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