European Technology Investment Boom: SAT FUND Plans To Invest In Europe

According to a report recently released by GP Bullhound,a technology consulting and investment company, there is an increasing number of Chinese technology companies shifting their focus to European market for investment and other transactions.

Based on a report from Asian Insights of the first quarter of 2019 published by GP Bullhound, the technology deal amount of European market by Chinese investors has witnessed an 25% increase compared to the same period of last year.

However, by contrast, the technology deal by Chinese investors in the United States has slipped 13. 7% while that in Asia slipped 53% compared to the same period of last year.

A Hong Kong executives of GP Bullhound claims that due to specific reason, this trend is expected to continue.

Global  technology deal quantity by Chinese enterprises(source: South China Morning Post)

Japan Softbank corporation has become the main driver for Asia’s external transaction, which accounts for more than 50% of Asia’s total outbound technology deals, the report shows.

Excluded investment from Japan Softbank, in the first quarter of 2019,the total mergers value has witnessed a decline of 47% in America but a sharp rise of 57% in Europe by Asian companies.

According to GP Bullhound’s statistics,24 outbound deals have been made in North America,18 in Asia while 15 in Europe.

The report claims that technology giants Tencent and Alibaba have become the most active Chinese technology investors.

Publicly released Chinese outbound technology deal quantity

Among the deals in Europe by Chinese technology companies, the largest was made by Ant Financial Service Group, an offshoot of Alibaba, purchasing WorldFirs, a British payment corporation at the price of 641 million dollars.

 European Technology Investment Boom: SAT FUND Plans To Invest One Billion Euros In Europe

 European Technology Investment Boom: SAT FUND Plans To Invest One Billion Euros In Europe

SAT FUND is an investment company based in Hong Kong China, which places its focus both  on Chinese market and European market.

In 2018, SAT FUND has invested an aircraft company of Switzerland as well as a robotics company of Italy. It is also planning to establish its European branches in Italy and Switzerland, focusing on fields of robotics, aircraft and high performance computing etc.

It is expected that SAT FUND would made a total value of 1 billion Euros investment in Europe in the next three years. Currently, SAT FUND is planning to set us a joint lab called IIT-China Joint Lab with Fondazione Istituto Italiano di Tecnologia (IIT) ). In the meanwhile, it is also preparing to establish a Material and Robotics Joint Lab with Ecole Polytechnique Federale de Lausanne(EPFL).

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