Without more megadeals, this year’s value of planned acquisitions will probably fall short of the annual average, says new update report.
After slowing significantly in the last half of 2021, the pace of megadeals for semiconductor mergers and acquisitions regained momentum in the first six months of 2022, according to M&A data contained in IC Insights’ August 3Q Update of The McClean Report service. So far this year, four large agreements have been announced—each valued between $1.9 billion and $9.4 billion, pushing the combined 1H22 M&A total to $20.6 billion (Figure 1), said the new 3Q Update report.
In comparison, the first-half 2021 total value of M&A agreements for semiconductor companies, assets, product lines, and related business operations totaled $18.2 billion, including four that were announced with price tags between $1.4 billion and $7.1 billion. In the last six months of 2021, the combined value of new semiconductor M&A deals was $4.4 billion—the lowest total for the second half of a year since early last decade, according to the 3Q Update.
