Every deal we've covered

An unnamed multi-state managed IT firm acquired a Florida managed IT and cybersecurity services provider.

Schneider Electric announced plans to acquire engineering software maker PTC Inc. for $23.7 billion in cash, valuing the company at $205 per share — a 42% premium to its last close. PTC is best known for Creo, the design and simulation suite used by engineers building car parts and medical devices, alongside Mathcad, Codebeamer and the Orbit equipment-monitoring tool.

A lawsuit alleges that stockholders of AI chip startup Groq were shortchanged in the company's $20 billion sale to Nvidia, CNBC reported. The complaint marks a notable turn in a deal that is still pending rather than a fresh announcement.

Zeta Global announced an agreement to buy Senso, adding AI engineering talent and frontier-model connectivity to its marketing infrastructure.

Enterprise cloud provider Unit4 is buying Napta, a skills-intelligence and staffing platform for professional services firms, which will keep its brand and leadership.

Basware closed its purchase of Trustpair, extending its invoice lifecycle management capabilities through to payment-fraud prevention.

Nelnet's business services division bought New Delhi-based school management software provider Entab, which serves over 1,000 schools and 1.5 million students across 28 states.

Global AI and data company Adastra bought Infinite Services, a Poland-headquartered data and AI specialist with delivery centres in India and the Philippines.

FVLCRUM Funds bought Fidelity Technology Services, expanding its Project Maverick platform's mission-critical IT, simulation and training capabilities.

FOCUS Learning bought Pennsylvania-based work management and asset reliability software provider P&RO Solutions, closing July 31; terms undisclosed.

Redhawk Federal Solutions secured a line of credit and delayed draw term loan from Regions Bank to fund its acquisition of Geneva Software and future deals.

Uber Technologies has agreed to acquire ezCater, the leading U.S. platform for catering and workplace meals, in an all-cash transaction valued at $2.3 billion. ezCater's platform lets businesses order from more than 140,000 restaurants nationwide, supporting meetings, events and recurring enterprise catering programs. The deal pushes Uber Eats deeper into the corporate meal market.

Italian app group Bending Spoons is acquiring collaboration software company Airtable for $1.3 billion, according to CNBC. It is the company's first acquisition since going public, continuing a serial-buyer strategy that has absorbed a string of consumer and productivity software assets.

Skyworks Solutions extended the expiration and withdrawal deadline for its exchange offer on Qorvo's outstanding 2029 and 2031 senior notes to Oct. 5, after the merger. The combination is pitched as creating a global player in high-performance radio frequency, analog and mixed-signal semiconductors.

SAP agreed to acquire Ghent-based TechWolf, whose AI 'context graph for work' will become part of SuccessFactors; terms were undisclosed and closing is expected in Q4 2026.

AI infrastructure company Nasuni highlighted its recent acquisition of DryvIQ as it rolled out AI Activate, Enterprise Search and Resilio 6.0 across its File Data Platform.

Search platform Algolia has acquired New York-based Velou, which uses multimodal AI to extract product data from catalog text and images for more than 50 retail and premium brand enterprise customers.

Enterprise service management platform Serval has acquired Ensignia, with founder and CEO Sam Stewart joining as Serval's Head of Security.

Rule42 Sports has acquired 64 Analytics, an NCAA transfer portal resource for college baseball and softball, with founder Jason Ratcliff joining as Director of Amateur Baseball Analytics.

Supabase, which commercializes the open-source PostgreSQL database, has agreed to buy fellow database startup Turso for an undisclosed sum. Turso offers an SQLite-based database optimized for AI agents, with a small hardware footprint that lets agents spin up instances nearly instantaneously. Supabase announced the deal alongside a $150 million funding round led by Singapore's GIC, with CapitalG, IronArc and SquarePeg participating.