The Global Technology, Media and Telecom sector witnessed 2 Mergers & Acquisitions deals driven by Internet of Things in July 2022, for an aggregate deal value of $9.7 million. This represents a decrease of 99.1% in terms of value and a decrease of 33.0% in terms of volume, year over year.
A total of 26 Mergers & Acquisitions deals were recorded over the last twelve months (LTM) for an aggregate deal value of $12,151.1 million. In the LTM period, May 2022, turned out to be the most prolific in terms of deal size, with a total deal value of $4,480.4 million and a deal volume of 5 during that month. On the other hand, the month of May 2022, was the most prolific in terms of deal volume, recording a total of 5 deals with a total deal value of $4,480.4 million during that month.
On an average, over the LTM period, 2 deals were done with an average deal size of $1,012.6 million.
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