The Daily Buyout

Monday, October 12, 2026

The Daily Buyout

25 deals · $10.3B announced

Big Tech is back on the hunt for AI talent and tooling. Amazon is reportedly days from a deal worth up to $7 billion for Decart, and Nvidia is weighing a buyout or acquihire of Reflection AI. Beyond AI, a quantum company is buying a security firm, a hotel investor wants a REIT's whole portfolio, and a lender has gone to court to halt a cable deal.

Top deal of the day

Amazon in talks to buy AI startup Decart for up to $7B

$7BStrategic acquisitionTechnologyRumored

Amazon is reportedly negotiating to acquire Decart.ai in a deal that could be worth up to $7 billion, according to the Wall Street Journal. A deal could come within days if talks hold and no rival suitor emerges. Decart, founded in 2023 by three Israeli engineers, raised $300 million at a $4 billion valuation in May. Its DOS software helps developers optimize AI models to run across different processors.

Why it matters: Tools that let AI workloads move between chips are increasingly valuable as companies scramble for compute, and Amazon would be paying roughly 75% above Decart's May valuation.

Read at SiliconANGLEFree
2
$25B valuationStrategic acquisitionTechnologyRumored

Nvidia weighs buyout, acquihire or bigger stake in Reflection AI

Nvidia is in early talks to acquire open-weight model developer Reflection AI or deepen its investment, the Financial Times reports. An agreement could come within weeks, though talks could still collapse. Options include an outright purchase, a larger stake paired with chip supply, or an acquihire that would likely avoid lengthy regulatory review. Nvidia has invested $800 million in Reflection, whose latest round closed at a $25 billion pre-money valuation.

Read at SiliconANGLEFree
5
~$1.4BreportedTake-privateTechnology

Persistent locks up 94% of Nagarro, plans squeeze-out

India's Persistent Systems has secured about 94.04% of German digital engineering firm Nagarro after its voluntary takeover offer closed. Tendered shares totaled about 71.94%, on top of a 22.10% stake bought from Lantano Beteiligungen. That is well above the 50%-plus-one-share threshold. Having passed 90%, Persistent plans to squeeze out remaining minority holders and take Nagarro private.

Read at PR NewswireFree
7
UndisclosedStrategic acquisitionHealthcare & Life SciencesCompleted

Midea completes majority stake purchase in Italian imaging firm Esaote

Chinese technology group Midea has completed its acquisition of a majority stake in Esaote, the Genoa-based medical imaging company. Esaote will join Midea's Healthcare Division but keep operating as an independent global medical equipment company. Its R&D and production sites in Italy and the Netherlands remain in place.

Read at PR NewswireFree
8
52 retail sitesDivestiture / carve-outConsumer & Retail

Couche-Tard agrees to buy Irving Oil retail sites in Québec and Ontario

Alimentation Couche-Tard has signed a definitive agreement to acquire Irving Oil retail assets. The package includes 50 Québec sites and two Ontario sites that Couche-Tard already operates, plus 18 cardlock sites and fuel supply to 71 of its own Québec stores. The deal needs regulatory approval, including under the Competition Act.

Read at PR NewswireFree

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