Tech deals and acquisitions continued quickly in 2021 despite the economic slowdown caused by the Covid-19 pandemic, nearly 3 trillion USD before the final quarter was calculated. Mergers and Acquisitions (M&A) across the global tech sector have stayed constant with the steady flow.
Here are the most significant tech acquisitions of 2022.
- Apple acquires Credit Kudos.
Apple has announced to acquire the UK-based fintech firm Credit Kudos. Credit Kudos raised 5 million euros (6.5 million USD) in a funding round in April 2020.
- Google buys Mandiant
Google will take over cyber defense and response company Mandiant for 5.4 billion USD to offer an end-to-end security operations suite and advisory services from its Google Cloud.
- Snowflake acquires Streamlit
Data cloud firm Snokflake has taken over Streamlit for 800 million USD, allowing developers and data scientists to create apps using tools with simplified data access and governance.
- Cloudflare acquires Area 1 Security.
Cloudflare has announced its plans to buy Area 1 Security for 126 million USD, and the deal will add email security to its portfolio.
- Intel to take over Tower Semiconductor
Intel will acquire Tower Semiconductor for nearly 5.4 billion USD to access more specialized products to benefit from the growing demand for semiconductors.
- Sony acquires game developer Bungie.
Sony has announced acquiring US game developer Bungie for 3.6 billion USD.
- Microsoft acquires Activision Blizzard.
Microsoft has taken over Activision Blizzard for nearly 68.7 billion USD to boost its presence in the video gaming space. The deal is its biggest ever and largest all-cash acquisition on record.
- Google and Siemplify deal
Google has acquired Israel-based cybersecurity firm Siemplify for 500 million USD. Siemplify specializes in end-to-end security services for enterprises, typically referred to as security orchestration, automation, and response (SOAR) services.
- Zoom acquires Liminal assets.
Zoom has acquired assets of Liminal, a startup that offers event production solutions, as a part of enhancing the future of events.
