Europe’s technology industry saw a drop of 0.3 percent in overall deal activity during the third quarter of 2019 when compared to the four-quarter average, according to GlobalData’s deals database.
A total of 1023 deals worth $21.18 billion were announced for the region during the third quarter of 2019, against the last four-quarter average of 1020 deals.
Of all the deal types, venture financing saw the most activity in the third quarter of 2019 with 465, representing a 45.5 percent share for the region.