Top Ten Tech M&A Transactions This Week by Ascento

Stay current with the latest Tech M&A transactions!

Deal of the Week

10/28/25 Apple suppliers Qorvo and Skyworks will merge to create a chipmaker worth $22 billion

Apple suppliers Skyworks Solutions and Qorvo will merge in a cash-and-stock deal to create a radio chip company with an enterprise value of $22 billion.

Qorvo shareholders will receive $32.50 in cash and 0.96 of a Skyworks common share for each Qorvo share held at the close of the transaction, which is expected in early 2027, pending shareholder and regulatory approvals.

10/31/25 Intel explores acquisition of AI chipmaker SambaNova

Intel is in early discussions to acquire AI chip designer SambaNova, according to a Bloomberg News report that cites sources with knowledge of the matter.

This development comes as Intel continues to pursue a larger role in the AI hardware space, following limited success in gaining traction against established competitors such as Nvidia in the AI graphics processing unit (GPU) segment.

10/30/25 Vodafone to buy German cloud specialist Skaylink for $204 million 

Britain's Vodafone (VOD.L) said it will acquire German cloud and digital transformation firm Skaylink for 175 million euros ($204.09 million) from private equity firm Waterland, in a push to expand its service offerings.

Skaylink, which has over 500 employees across Germany and Europe, specialises in managing cloud deployments on Microsoft and Amazon Web Services platforms and implementing artificial intelligence solutions for corporate clients.

10/30/25 Figma acquires AI-powered media generation company Weavy

Design platform Figma said today that it has acquired AI-powered image and video generation company Weavy. The startup will join Figma under a new brand called Figma Weave.

Figma said that 20 people from Weavy will join the company but didn’t disclose the valuation of the deal. The Tel Aviv-based startup was founded in 2024 and raised $4 million in a seed round in June led by Entrée Capital, with participation from Designer Fund, Founder Collective, and Fiverr founder Micha Kaufman.

10/29/25 Barclays to acquire loan origination platform Best Egg for $800m 

UK-based lender Barclays has unveiled its plans to acquire Best Egg, a US-based personal loan origination platform, for $800m. 

The acquisition will be executed through Barclays’ US subsidiary, Barclays Bank Delaware, operating as Barclays US Consumer Bank (USCB). 

The transaction is expected to be completed in the second quarter of 2026, subject to regulatory approvals and other conditions. 

10/29/25 Internet Pioneer AOL to Be Acquired by Italian Tech Company Bending Spoons

Technology company Bending Spoons is buying AOL from private-equity firm Apollo Global Management, the latest in a string of ownership changes for the internet pioneer.

​Bending Spoons, which is based in Italy and also owns note-organizing app Evernote and photo-sharing app Remini, recently secured $2.8 billion in debt financing to help fund the deal and for other investments.

10/29/25 Jamf Enters into Definitive Agreement to be Acquired by Francisco Partners in $2.2 Billion Transaction

Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced that it has entered into a definitive agreement with Francisco Partners ("FP") for FP to acquire all the outstanding shares of Jamf. FP is a leading global investment firm focused exclusively on technology and technology-enabled businesses.

Under the terms of the agreement, FP will purchase all the outstanding shares of Jamf common stock for $13.05 per share in an all-cash transaction, valued at approximately $2.2 billion. The purchase price represents a premium of approximately 50% over Jamf’s volume weighted average closing share price for the 90 days prior to September 11, 2025.

10/28/25 Nordic Capital expands fintech portfolio with acquisition of BMLL, a leader in market data analytics

Veeam Software, a leader in data protection and backup software, is set to acquire the American software developer Securiti.

According to insiders, the deal is worth approximately $1.8 billion, Bloomberg reports. The talks are said to be at an advanced stage and could be finalized as early as this week, although no final agreement has been reached yet. Neither Veeam nor Securiti nor owner Insight Partners wanted to comment on the reports.

10/28/25 IBM Strengthens Hybrid Cloud Modernization with Txture Acquisition

IBM has acquired Txture GmbH, a software company from Austria that helps businesses move and modernize their IT systems in the cloud. The deal strengthens IBM Consulting’s ability to help clients plan, migrate, and manage complex hybrid cloud environments more efficiently.

Txture’s tools will become part of IBM Consulting’s Application Migration & Modernization and Cloud Technology Strategy offerings. The software helps teams quickly understand a client’s existing systems, automate assessments, and create better modernization plans. This reduces manual work, speeds up projects, and supports sustainability goals by optimizing workloads for energy efficiency.

10/27/25 Buyout Giant Vista Buys Nexthink Stake From Permira in Bet on AI

Vista Equity Partners snapped up a majority stake in Nexthink SA, valuing the Swiss-American software company at $3 billion, the firm said in a statement.

Vista, the private-equity fund led by billionaire Robert F. Smith, bought the stake from rival investors including Permira, the latter company told Bloomberg News in a written response.

Ascento Capital Invest is an investment bank that specializes in the technology sector and provides advisory services for mergers & acquisitions, capital raises, and valuations for technology companies in the United States and internationally. Take a look at our website for more information: www.techbanking.com

Content curated by:

Ben Boissevain, Founder

James Demchuk, Associate

Victoria Ronan, Associate