Technology M&A deals

Intel signed a definitive agreement to acquire Classiq, a Tel Aviv-based quantum computing software company. SiliconANGLE put the price at $2.2 billion, though Intel didn't disclose terms and another outlet reported about $2.3 billion in cash and stock. The deal awaits regulatory approval.

Guidewire agreed to acquire London-based hyperexponential, an AI-native underwriting and pricing software provider for commercial P&C insurers, for $1.7 billion in cash plus up to $400 million in contingent consideration tied to recurring revenue targets.

Francisco Partners closed its all-cash acquisition of Weave Communications, a healthcare patient engagement and payments platform, valued at about $650 million.

CAE agreed to sell its airline operations software business Flightscape to aviation technology company SITA for an enterprise value of $500 million.

Bending Spoons closed its previously announced acquisition of Miro, the visual collaboration platform.

Valmet agreed to acquire Tieto's MES business, including the AI-powered TIPS MES and an Order to Cash solution for pulp and paper.

Nasdaq-listed FF EAI Robotics Ecosystem completed its acquisition of Faraday Future's robotics business.

Zafin signed a definitive agreement to acquire Naehas, a provider of offer management and marketing compliance technology for banks.

Boomi acquired Elementary Data, a data observability and quality management provider.

Legal AI company Clio acquired Page, an AI-driven government relations and regulatory monitoring platform.

e4n Group-backed Katalyst acquired Bluetowne, a South Carolina cybersecurity, cloud and managed IT provider.

ASX-listed Stakk Limited has completed its acquisition of ParaScript, LLC and ParaScript Management, Inc., a Boulder, Colorado AI document-processing specialist, for $63 million (A$88.7 million). The combination creates an expanded, profitable AI-driven digital trust platform focused on fighting fraud.

Perfect Corp., an AI and augmented-reality company serving the beauty, fashion, photo and video creative industries, has completed its previously announced merger with ProjectNY under a merger agreement dated July 10, 2026. Financial terms were not detailed in the announcement excerpt.

Datavault AI signed a non-binding letter of intent to take a 19.9% stake in DataMEDS AI in exchange for expanding an existing technology license.

Rivian has acquired Third Dimension AI, a developer of AI-powered 3D spatial generation founded by Tolga Kart and Piotr Sokolski. Its platform turns real-world data into high-fidelity, controllable 3D environments, which Rivian will use to accelerate synthetic data generation and full-world simulation for its driver-assistance and self-driving systems. Terms were not disclosed.

Bregal Milestone, a European growth-focused software private equity firm, has made a majority investment in Nethive S.p.A., a leading Italian provider of cybersecurity services and software founded in 2014. Alongside the investment, Bregal Milestone backed Nethive's acquisition of IT security specialist Joy Comm S.r.l. Terms were not disclosed.

Shareholders of SPAC Melar Acquisition Corp. I approved its proposed business combination with Everli Global Inc. at an extraordinary meeting on October 22.

Datavault AI signed a non-binding letter of intent to receive a 19.9% fully diluted stake in DataMEDS AI in exchange for expanding its existing technology license.

Charlton Aria Acquisition Corporation shareholders approved an extension of the deadline for its business combination with KQC Quantum, parent of Korea Quantum Computing.

Procede Software acquired RIMSS, a San Antonio-based dealer management system provider serving agriculture, construction and transportation dealers.

Broadwing-backed Forte Technologies acquired Illinois-based Business Cyber Security Solutions, now operating as Forte Cyber Assurance.

Engineering talent platform Terminal acquired Stationed AI to launch Terminal AI, a forward-deployed AI engineering services division.

Cognizant signed a definitive agreement to buy DyFlex Solutions, an Australia-headquartered SAP Platinum Partner with more than 300 people delivering advisory, implementation and managed services across Australia and New Zealand. Terms were not disclosed.

Bregal Milestone made a majority growth investment in Italian cybersecurity provider Nethive and backed Nethive's acquisition of IT security specialist Joy Comm.

Körber is acquiring a stake in NAiSE, a German maker of vendor-agnostic fleet management software for intralogistics.

Datavault AI signed a non-binding letter of intent to acquire 19.9% of DataMEDS AI in exchange for an expanded technology license.

Salesforce will acquire marketing software provider Braze for $5.66 billion in cash, or $47.50 per share, about 58% above Braze's last closing price. Braze's revenue grew 26% year-over-year last quarter to $227.2 million, while its adjusted operating income nearly quadrupled. Its platform aggregates customer data and uses built-in AI to create personalized campaigns across channels.

OpenAI acquired Orchestra Bio, which builds AI agents that help pharma teams manage drug development programs; terms were not disclosed.

AECO project management software firm Newforma acquired Lumi AI, a Toronto analytics engine company.

Employee development platform MentorcliQ acquired Neobrain, a Paris AI skills intelligence company.

Evergreen's Lyra Technology Group acquired Lantack, a Dutch Microsoft-focused managed service provider.

CompassMSP acquired Sherman Oaks, California-based managed IT firm SecureNet Solutions.

Life sciences commercialization firm Trinity acquired Verix, maker of the AI-powered Tovana platform; terms were not disclosed.

PSG-backed German Microsoft CSP QualityHosting is acquiring French peer Be-Cloud, financed by H.I.G. WhiteHorse debt.

Network Brainiacs acquired Frederick, Maryland IT provider Computer Enhancement Systems.

Transom Capital Group has commenced a tender offer for all outstanding SoundThinking common stock. It is offering $8.00 per share in cash plus one contingent value right per share. An aggregate deal value was not disclosed in the announcement.

Salesforce signed a definitive agreement to acquire Nasdaq-listed customer engagement platform Braze for about $5.66 billion in enterprise value. Braze Class A shareholders will receive $47.50 in cash per share. Braze helps marketers respond to customer behavior in real time.

IXL Learning acquired NoRedInk, an English language arts writing platform used by 9 in 10 U.S. school districts.

Tegria acquired CloudWave, a cybersecurity, cloud hosting and managed IT provider built for healthcare.

OpenWorld signed a definitive merger agreement to acquire Blocksight, a developer of AI agents for tokenizing real-world assets.

Solen Software Group acquired Atlanta-based Cooperative Technologies, a provider of 1035 exchange and annuity replacement software.

ASSA ABLOY agreed to sell HID's Public Key Infrastructure business unit, including IdenTrust, HydrantID and ZeroSSL, to Vista Equity Partners. The unit, which provides digital trust, authentication and certificate management, had 2025 sales of $58 million. Terms were not disclosed; closing is expected in Q4 2026.

Data activation company Boomi has acquired Elementary Data, a data observability provider used by more than 1,500 data teams; terms were not disclosed.

Arity, an Allstate subsidiary, agreed to acquire substantially all assets of transportation intelligence provider INRIX; terms were not disclosed.

Shareholders of AI beauty-tech company Perfect Corp. voted to approve its previously announced merger agreement at an extraordinary general meeting.

Tokenization company OpenWorld signed a definitive merger agreement to acquire Blocksight Holdings, intended to anchor its tokenized infrastructure and energy financing programs.

EP Technology Group acquired JBI Technologies, an IT consulting and systems integration firm serving the hospitality industry; terms were not disclosed.

Thoma Bravo-owned Proofpoint agreed to acquire data security company Varonis Systems for about $6.3 billion in cash, or $49.75 a share. That works out to a 52% premium to Varonis' price before reports of takeover interest surfaced in June. It is the largest of Proofpoint's acquisitions since Thoma Bravo took it private for $12.3 billion in 2021.

Intuit signed an agreement to buy Sequence, a Series A company that automates the quote-to-revenue process for businesses. Sequence will add revenue management capabilities to Intuit Enterprise Suite and QuickBooks Online Advanced. Terms were not disclosed.

FFR agreed to acquire Faraday Future's robotics business in an all-stock deal valuing it at about $200 million, issuing shares at $2.246 each.

Transaction Network Services bought netnumber to expand its communications portfolio in fraud prevention and routing.

Applied AI engineering firm Robots & Pencils bought marketing automation platform Tiger Pistol.

3D printing and battery tech firm Sakuu signed a definitive business combination agreement with SPAC Pyrophyte Acquisition Corp. II.

FourNet bought Glasgow-based contact centre specialist SVL, creating a business with about £65m in revenue and 230+ staff.

Recur Software bought Keystone, a dispatch, records and jail management software provider, its first public safety deal.

AI recruiting platform Humanly bought recruitment marketing tech firm CareerArc.

Navara Technologies bought PieQ and its FLOW agentic AI platform.

Rockbridge-backed FormativGroup bought AI and technology consultancy Saige Consulting.

Bumble has signed a definitive agreement to be acquired by Ithaca Holdings in an all-cash deal valuing the dating app at $1.3 billion. Class A shareholders will receive $6.05 per share, about a 138% premium to the unaffected October 9 close. An independent board committee recommended the deal after a strategic review, and founder Whitney Wolfe Herd did not take part in the vote.

Workday signed a definitive agreement to acquire C1.ai, which manages access rights for both employees and AI agents across business systems such as email, CRM, code repositories and cloud infrastructure. Workday announced the deal at its Workday Rising 2026 event. Terms were not disclosed.