Top Ten Tech M&A Transactions This Week by Ascento 3/6/26

Ascento Capital Invest @ www.techbanking.com

Deal of the Week

3/2/26 ServiceNow buys Traceloop in $60-$80 million deal, its third Israeli acquisition in under three months

Amid the war with Iran, ServiceNow is moving ahead with another acquisition in Israel, purchasing the Israeli startup Traceloop, according to a blog post published by the company’s CEO. The terms of the deal were not disclosed, but its value is estimated at $60-$80 million.

Traceloop has raised $6.1 million to date from investors including Sorenson Capital, Ibex Investors, Samsung NEXT, Y Combinator and Grand Ventures. At the time of the acquisition, the company was serving customers such as IBM, HiBob, Miro and Dynatrace.

The deal marks ServiceNow’s third acquisition in recent months, following its $7.75 billion purchase of Armis Security and its acquisition of Pyramid Analytics for an undisclosed sum.

CTech

3/4/26 Accenture Acquires Ookla for $1.2B to Power AI Infrastructure

Accenture just made a $1.2 billion bet that network intelligence data is the next frontier in enterprise AI. The consulting and IT services giant announced Tuesday it's acquiring Ookla - the company behind Downdetector and Speedtest - from media conglomerate Ziff Davis in a deal that signals how critical connectivity data has become for scaling AI systems. It's a surprising pivot for tools millions use daily to check if their internet's acting up, now positioned as strategic assets in the AI infrastructure arms race.

Accenture is placing a massive bet that the unglamorous work of monitoring internet speeds and tracking service outages has suddenly become mission-critical for the AI era. The consulting powerhouse announced Tuesday it's acquiring Ookla - parent company of Downdetector and Speedtest - from Ziff Davis for $1.2 billion in a deal that transforms consumer internet tools into enterprise AI infrastructure.

The Tech Buzz

3/4/26 Crexendo Expands Cloud Communications with $35M ESI Acquisition

Crexendo has made a significant move to expand its presence in cloud communications by acquiring Estech Systems (ESI) for $35 million. This acquisition adds 75,000 seats to the NetSapiens ecosystem, enhancing Crexendo’s operational capabilities and positioning it closer to its goal of achieving a $100 million annual revenue run rate.

The acquisition involves a combination of $27.3 million in cash and $7.7 million in common stock. It is a strategic consolidation of the NetSapiens ecosystem, making one of its long-standing licensees a part of the Crexendo family. This move is expected to positively impact revenue and EBITDA, strengthening Crexendo’s financial standing as it continues to capture a greater share of the cloud communications market.

• EV/Sales: 1.3x

Voip

3/4/26 Digital Realty enters Portugal with Lisbon data center acquisition

Digital Realty has entered Portugal, acquiring a data center in Lisbon. Announced this week, the facility is expected to support up to 2.4MW of IT load. Details on the facility, the seller, and terms of the deal weren’t shared in the release. However, in its recent Q4 2025 results, the company said it had acquired “a building and land” in the Carnaxide area of Lisbon for $8.3 million.

The acquired facility is expected to be ready for service in early 2027. Digital Realty said the site will be the closest data center to the submarine cable landings in Carcavelos.

DCD

3/3/26 The Access Group strengthens charity software proposition with Enthuse acquisition

The Access Group, one of the largest UK-headquartered business software providers serving over 160,000 organizations globally, today announced it has reached an agreement to acquire Enthuse, a fundraising, donations and events registration technology provider.

The partnership adds peer-to-peer fundraising and events expertise to the Access charity software proposition, offering solutions that enable organisations to maximise their fundraising impact under their own brand identity. Peer-to-peer fundraising is a key channel to generate funds for many charities and the Enthuse platform serves charities across the UK and Ireland, helping them raise millions while putting good causes in control of their own data.

Ethical Marketing News

3/3/26 Thoma Bravo to acquire WWEX Group, combine with Auctaned

Private equity firm Thoma Bravo announced Tuesday that is has entered into an agreement to acquire 3PL WWEX Group. Following the acquisition, Thoma Bravo will combine WWEX Group with a current portfolio company, Auctane. The deal will merge WWEX Group’s $5 billion freight brokerage platform with a leader in intelligent shipping software, significantly expanding WWEX Group’s AI-enabled capabilities.

“By integrating Auctane’s cloud-based software, global carrier connectivity and intelligent automation capabilities with WWEX Group’s extensive logistics expertise and powerful commercial engine, the combined company will seamlessly connect checkout to doorstep across parcel, LTL, truckload and global shipping,” a news release said.

Freight Waves

3/3/26 Semtech Acquires HieFo For $34 Million After Nvidia’s Photonics Investments

Semtech Corp. on Tuesday announced that it has acquired HieFo Corp., a California-based photonics and optical chips company, for $34 million.

The acquisition will boost the semiconductor company’s data center portfolio, bolstering its U.S. technology supply chains, adding new capacity, and resilience in its artificial intelligence infrastructure buildout, it said.The announcement comes a day after chip giant Nvidia Corp. (NVDA) said it had invested $4 billion in two optical and photonic companies, Coherent Corp. (COHR) and Lumentum Holdings Inc. (LITE), alongside multiyear strategic agreements in both firms to advance innovation in optics technologies.

Stocktwits

3/2/26 Equinix & CPP Investments to Buy atNorth & Expand Data Center Footprint

Equinix, Inc. EQIX and Canada Pension Plan Investment Board (CPP Investments) announced that they have jointly agreed to acquire atNorth from Partners Group for $4.2 billion, with the valuation subject to customary closing conditions. The entity is a leading Nordic provider of high-density colocation and built-to-suit data centers.

While CPP Investments will invest $1.6 billion owning nearly 60% controlling interest, the rest 40% will be owned by Equinix. Upon closure, the transaction will be immediately accretive to EQIX’s adjusted funds from operations (AFFO) per share. The joint agreement between EQIX and CPP Investments will provide atNorth with scaling capabilities to capitalize on the opportunities created by the burgeoning demand for data center infrastructure.

Yahoo Finance

3/2/26 MyFitnessPal Acquires Teen-Founded Cal AI App

MyFitnessPal announced the acquisition of Cal AI, a fast-growing AI-powered nutrition app founded by teenagers, to expand its portfolio in digital health tracking. The deal, finalized after nearly a year of talks, allows Cal AI to remain standalone while integrating with MyFitnessPal's extensive food database.

MyFitnessPal identified Cal AI's rise in app store rankings through tools like Sensor Tower early last year and pursued the acquisition intermittently for nearly a year.The app, co-founded by 19-year-old Zach Yadegari and Henry Langmack, uses AI to estimate calories from food photos and has reached over 15 million downloads with $30-40 million in annual revenue. Financial terms were not disclosed, but MyFitnessPal CEO Mike Fisher noted the Cal AI team was not obligated to sell and accepted the offer.

MLQ.ai

3/2/26 Vinyl Group Announces Acquisition of Val Morgan Digital

Vinyl Group will acquire Val Morgan Digital from The HOYTS Group in a $10.5 million transaction aimed at accelerating growth across its publishing division, Vinyl Media.

As part of the transaction, HOYTS Group CEO and President Damian Keogh will join the board of Vinyl Group, while the deal also provides Vinyl access to Val Morgan’s cinema and out-of-home inventory through a broader commercial partnership.

Variety