M&A in TMT - 2019 round-up - Thematic research

M&A in TMT - 2019 round-up - Thematic research

Summary

If you really want to understand the themes that drive an industry, just look at the list of recent mergers and acquisitions (M&A). In this report, we analyze how disruptive themes have been driving M&A activity over the last five years, assess the impact of COVID-19 on the M&A market, provide an overview of M&A activity across the TMT industry over the last five years, before highlighting potential takeover targets, explaining who is likely to buy them and why.
The main themes that drove M&A activity across the technology, media, and telecoms (TMT) industry in 2019 were artificial intelligence (AI), the internet of things (IoT), cloud, healthtech, fintech, big data, internet TV, and robotics.
In the first quarter of 2020, a total of 150 M&A deals with a transaction value greater than $50m were announced. Their combined transaction value was $119.2bn, which was flat compared to Q4 2019, but 26% down on the same quarter last year. In Q2 2020, we expect total deal values to slow materially.

Scope

This report provides an overview of merger and acquisitions activity in the global TMT market.

It assesses the impact of COVID-19 on the M&A market

It identifies the M&A deals announced in the TMT market over the last five years and highlights potential acquisition targets that are likely to be acquired over the next three years.

The report provides a comprehensive sector-by-sector analysis of themes driving the key M&A deals across each sector in the past five years.

Reasons to Buy

This report provides an overview of the mergers and acquisitions in TMT market.

It identifies the key themes driving the M&A deals in the TMT market.

The report highlights comprehensive thematic rationales for the key M&A deals announced over the last five years.

It also highlights companies from across the TMT sector that are likely to be acquisition targets over the next three years, as well as identifying potential acquirers.


  • Introduction
    • In 2019, M&A activity in the TMT sector grew 20% to $737bn
    • COVID-19 will depress deal activity in Q2 2020
      • Table Figure 1: M&A deal value and volume the global TMT sector
    • Many TMT companies are attractive targets at current prices
  • Thematic drivers of M&A strategy
    • Table Figure 2: Running any business today requires an understanding of all disruptive threats
    • Companies who invest in the right themes become success stories
      • Table Figure 3: Companies who invest in the right themes become success stories
    • Technology themes are driving corporate M&A activity
      • Table Figure 4: Half of the top 20 M&A deals in 2019 were driven by tech themes
  • COVID-19 impact on M&A market
    • In the short term, deal activity will fall
      • Table Figure 5: M&A deal activity has been falling for the last four quarters in the TMT sector
    • In the medium term, the market correction could create attractive M&A opportunities
      • Table Figure 6: Since the beginning of 2020, all TMT sectors have declined, with traditional advertising worst affected
    • COVID-19 is likely to impact some sectors far more than others
      • Table Figure 7: All 17 TMT sectors will be negatively impacted by COVID-19 in 2020
  • M&A activity over the last five years
    • In 2019, M&A activity in the TMT sector grew 20% to $737bn
      • Table Figure 8: In 2019, M&A activity in the TMT sector grew 20% to $737bn
    • Hardware
      • Semiconductors
        • Table Figure 9: M&A activity in the global semiconductor sector over the five years ended 31 December 2019
      • Component makers
        • Table Figure 10: M&A activity in the global component makers sector over the five years ended 31 December 2019
      • Consumer electronics
        • Table Figure 11: M&A activity in the global consumer electronics sector over the five years ended 31 December 2019
      • IT infrastructure equipment
        • Table Figure 12: M&A activity in the global IT infrastructure equipment sector over the five years ended 31 December 2019
      • Telecom infrastructure equipment
        • Table Figure 13: M&A activity in the global telecom infrastructure equipment sector over the five years ended 31 December 2019
      • Industrial automation
        • Table Figure 14: M&A activity in the global industrial automation sector over the five years ended 31 December 2019
    • Software
      • Application software
        • Table Figure 15: M&A activity in the global application software sector over the five years ended 31 December 2019
      • Security software
        • Table Figure 16: M&A activity in the global security software sector over the five years ended 31 December 2019
      • Gaming software
        • Table Figure 17: M&A activity in the global gaming software sector over the five years ended 31 December 2019
    • Services
      • IT services
        • Table Figure 18: M&A activity in the global IT services sector over the five years ended 31 December 2019
      • Cloud services
        • Table Figure 19: M&A activity in the global cloud services sector over the five years ended 31 December 2019
    • Internet & media
      • Ecommerce
        • Table Figure 20: M&A activity in the global ecommerce sector over the five years ended 31 December 2019
      • Social media
        • Table Figure 21: M&A activity in the global social media sector over the five years ended 31 December 2019
      • Advertising
        • Table Figure 22: M&A activity in the global advertising sector over the five years ended 31 December 2019
      • Music, film, &TV
        • Table Figure 23: M&A activity in the global music, film, and TV sector over the five years ended 31 December 2019
      • Publishing
        • Table Figure 24: M&A activity in the global publishing sector over the five years ended 31 December 2019
    • Telecoms
      • Telecom services
        • Table Figure 25: M&A activity in the global telecom operator sector over the five years ended 31 December 2019
  • Future acquisition targets
    • Our track record in predicting M&A targets is strong
      • Table Our track record in predicting M&A targets is strong
    • Our 2020 theme map helps predict tomorrow's M&A targets
      • Table Figure 26: Our TMT theme map shows the biggest themes driving growth in the TMT sector
    • Hardware
      • Semiconductors
        • Table Semiconductors
      • Component makers
        • Table Component makers
      • Consumer electronics
        • Table Consumer electronics
      • IT infrastructure equipment
        • Table IT infrastructure equipment
      • Telecom infrastructure equipment
        • Table Telecom infrastructure equipment
      • Industrial automation
        • Table Industrial automation
    • Software
      • Application software
        • Table Application software
      • Security software
        • Table Security software
      • Gaming software
        • Table Gaming software
    • Services
      • IT services
        • Table IT services
      • Cloud services
        • Table Cloud services
    • Internet & media
      • Ecommerce
        • Table Ecommerce
      • Social media
        • Table Social media
      • Advertising
        • Table Advertising
      • Music, film, and TV
        • Table Music, film, and TV
      • Publishing
        • Table Publishing
    • Telecoms
      • Telecom services
        • Table Telecom services
  • Deal selection
    • Table Figure 27: M&A transaction value by TMT sector, 2015 to 2019
    • Hardware
      • Semiconductors
        • Table Figure 28: M&A transactions in the semiconductor sector, 2015 to 2019
      • Component makers
        • Table Figure 29: M&A transactions in the component maker sector, 2015 to 2019
      • Consumer electronics
        • Table Figure 30: M&A transactions in the consumer electronics sector, 2015 to 2019
      • IT infrastructure equipment
        • Table Figure 31: M&A transactions in the IT infrastructure equipment sector, 2015 to 2019
      • Telecom infrastructure equipment
        • Table Figure 32: M&A transactions in the telecom infrastructure equipment sector, 2015 to 2019
      • Industrial automation
        • Table Figure 33: M&A transactions in the industrial automation sector, 2015 to 2019
    • Software
      • Application software
        • Table Figure 34: M&A transactions in the application software sector, 2015 to 2019
      • Security software
        • Table Figure 35: M&A transactions in the security software sector, 2015 to 2019
      • Gaming software
        • Table Figure 36: M&A transactions in the gaming sector, 2015 to 2019
    • Services
      • IT services
        • Table Figure 37: M&A transactions in the IT services sector, 2015 to 2019
      • Cloud services
        • Table Figure 38: M&A transactions in the cloud services sector, 2015 to 2019
    • Internet & media
      • Ecommerce
        • Table Figure 39: M&A transactions in the ecommerce sector, 2015 to 2019
      • Social media
        • Table Figure 40: M&A transactions in the social media sector, 2015 to 2019
      • Advertising
        • Table Figure 41: M&A transactions in the advertising sector, 2015 to 2019
      • Music, film, &TV
        • Table Figure 42: M&A transactions in the music, film, &TV sector, 2015 to 2019
      • Publishing
        • Table Figure 43: M&A transactions in the publishing sector, 2015 to 2019
    • Telecoms
      • Telecom services
        • Table Figure 44: M&A transactions in the telecom operator sector, 2015 to 2019
  • Glossary
    • Table Glossary
  • Our thematic research Methodology
    • Viewing the world's data by themes makes it easier to make important decisions
    • Traditional research does a poor job of picking winners and losers
    • That is why we developed our "thematic engine"
    • How do we create our sector scorecards?
      • Table Figure 45: Our five-step approach for generating a sector scorecard
    • What is in our sector scorecards?
    • How do we score companies in our thematic screen?
    • How our research reports fit into our overall thematic research ecosystem
    • About GlobalData
    • Contact us
    • Research
    • Client Services
    • Disclaimer

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