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Value of global TMT M&amp;A deals

Data: GlobalData; Chart: Simran Parwani/Axios

The total value of M&A deals in the TMT sector passed $1 trillion last year, according to GlobalData. 

Why it matters: That sets a new record and is a 30% increase from 2020.  

Details: GlobalData tracked 996 M&A deals in the global TMT sector last year, each of which was valued at least $50 million. The number of deals was up 44% compared to 2020.  

“Although M&A activity fell sharply in the first half of 2020 due to the immediate impact of the pandemic, it quickly bounced back in the latter half of the year, making it a landmark year in M&A history," said Snigdha Parida, GlobalData's analyst for thematic research.

Some of the biggest deals were about connectivity, such as KKR acquiring Telecom Italia for $37.2 billion and Rogers acquiring Shaw for $20.8 billion, GlobalData said.

The other notable theme was streaming, led by Discovery's $43 billion deal for WarnerMedia. 

TMT mergers and acquisitions exceed $1 trillion in deal value

The value of deals is a new record and a 30% increase from 2020.

Media deals

The total value of M&amp;A deals in the TMT sector passed $1 trillion last year, <a class="gtmContentClick" data-vars-link-text="according to GlobalData" data-vars-click-url="https://store.globaldata.com/report/m-and-a-in-tmt-theme-analysis/" data-vars-content-id="8cc6b652-9b64-476a-8841-af1f5ad284d1" data-vars-headline="TMT mergers and acquisitions exceed $1 trillion in deal value" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://store.globaldata.com/report/m-and-a-in-tmt-theme-analysis/" target="_blank">according to GlobalData</a>. Why it matters: That sets a new record and is a 30% increase from 2020.

TMT mergers and acquisitions exceed $1 trillion in deal value

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