Mergers and Acquisitions (M&A) in Tech, Media, and Telecom (TMT) 2022 Themes - Thematic Intelligence

If you want to understand the themes that drive an industry, simply look at the list of recent mergers and acquisitions (M&A). This report analyzes the disruptive themes that drove M&A activity across the technology, media, and telecoms (TMT) industry in 2022.

Key Highlights

M&A activity in the global technology, media, and telecom (TMT) sector has been increasing since 2018, but the trend reversed in 2022. Total global M&A deal value dropped 39% in 2022 to $754 billion, compared to $1.1 trillion in the previous year. Deal volume reached 612 deals in 2022, down 39% from 2021.

In 2022, the software and services sector accounted for 58% of the overall TMT M&A deal value. The sector had a total of 292 deals worth $431 billion.

The big themes driving the top 100 TMT M&A deals in 2022 were cloud, gaming, and connectivity. The big cloud deals were Broadcom's acquisition of VMware for $69 billion and the acquisition of Citrix by PE firms Evergreen Coast Capital and Vista Equity Partners for $16.5 billion. The most notable gaming deal was the acquisition of Activision Blizzard by Microsoft for $68.7 billion. The big connectivity deal was $19 billion Orange Espana merger with Masmovil Ibercom. The other big themes driving the TMT M&A market in 2022 were big data, social media, cybersecurity, and ecommerce.

Scope

• This report provides an overview of merger and acquisition activity in the global TMT market in 2022
• It identifies the M&A deals announced in the TMT market between January 1, 2018 and December 31, 2022 and provides comprehensive sector-by-sector analysis of the themes driving this activity

Reasons to Buy

• This report offers a unique perspective on M&A activity in the TMT sector by focusing on the themes driving deals. This allows for a deeper understanding of the themes that are shaping the industry
• It provides analysis of M&A activity in major geographic regions, including North America, Europe, and Asia-Pacific
• It evaluates the M&A deals announced by the leading technology companies (Google, Amazon, Meta, Microsoft, and Apple), identifying the five themes on which they are focusing
• The report also includes our predictions for future acquisitions targets across all TMT sectors.