Channel programs News
The 10 Biggest Tech M&A Deals Of 2021
From CDW’s $2.5 billion purchase of Sirius Computer Solutions and the merger of distributors Tech Data and Synnex to create an IT distribution powerhouse, here’s a look at the biggest tech corporate mergers and acquisitions that reshaped the IT industry and the channel in 2021.
9. Private Equity Acquisitions Take Big Data Companies Cloudera, Talend Private
Big data companies were popular acquisition targets by private equity firms in 2021.
In June, cloud data management software developer Cloudera agreed to be acquired for $5.3 billion by private equity firm Clayton, Dubilier & Rica and global investment company KKR. The all-cash deal, which paid Cloudera stockholders $16 per share, was completed October 8. Cloudera went public in 2017 and was largely controlled by activist investor Carl Icahn.
Talend, a provider of data quality and data integration software, agreed in March to be acquired and taken private by private equity firm Thoma Bravo in an all-cash deal valued at $2.4 billion. Talend shareholders received $66 per share in the deal and the acquisition was completed Sept. 2.