Top Ten Tech M&A Transactions This Week by Ascento

Ascento Capital Invest @ www.techbanking.com

Deal of the Week

2/3/26 Musk's xAI, SpaceX combo is the biggest merger of all time, valued at $1.25 trillion

Elon Musk’s rocket maker SpaceX has acquired his artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC’s David Faber confirmed Tuesday.

The record-setting transaction is the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, according to documents viewed by CNBC.

Musk, who is also CEO of Tesla, announced the deal in a blog poston Monday, saying he’s creating “the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet,” and the X social media platform.

CNBC

2/5/26 Texas Instruments to Bolster Wireless Portfolio with $7.5B Silicon Labs Acquisition

Texas Instruments and Silicon Labs have reached a definitive agreement under which the semiconductor manufacturer will acquire the wireless technology provider in an all-cash transaction valued at approximately $7.5 billion.

The companies stated that the deal seeks to combine Silicon Labs’ portfolio of secure wireless solutions with TI’s global manufacturing and analog processing infrastructure.

Thomas

2/4/26 Lightyear Capital Signs Agreement to Acquire PayByPhone

Lightyear Capital, a New York-based private equity firm with over US$7 billion in assets under management, has signed an agreement to acquire PayByPhone, a global leader in mobile parking payments, from Corpay (NYSE: CPAY).

For over 25 years Lightyear has partnered with growing companies at the nexus of financial services and technology, healthcare, and business services, working closely with management and leveraging its industry expertise, network of advisors and operating resources to accelerate growth and build market-leading businesses.

Business Wire

2/4/26 ActiveCampaign Acquires Feedback Intelligence To Power Smarter, Self-Improving AI Marketing

ActiveCampaign has announced the acquisition of Feedback Intelligence, an AI evaluation and analytics platform that transforms raw conversational data into actionable performance insights to make its Active Intelligence marketing engine more reliable, accountable and continuously optimised. By integrating Feedback Intelligence’s specialised AI models-which convert unstructured conversations between AI agents and users into structured signals about intent fulfilment, satisfaction, friction points and conversational quality – ActiveCampaign aims to close a major gap in autonomous marketing platforms: understanding why AI agents succeed or fail, not just how often they interact.

MarTech 360

2/4/26 Bitwise to acquire crypto staking provider Chorus One: Bloomberg

Crypto asset manager Bitwise Asset Management is acquiring institutional staking services provider Chorus One, expanding its suite of yield-generating products.

The companies, however, did not disclose the size of the acquisition, according to a Bloomberg report. "For our thousands of clients who hold spot crypto assets, staking is one of the most compelling growth opportunities," Bitwise CEO Hunter Horsley said in the report.

The Block

2/3/26 Varonis to Acquire AllTrue as AI Security Concerns Mount

Cybersecurity company Varonis Systems said it would acquire artificial-intelligence specialist AllTrue, the latest in a series of deals by larger companies in the growing AI security space.

The $125 million all-cash deal is expected to close this month, Varonis said. AllTrue, founded in 2014, specializes in an emerging area known as AI trust, risk, and security management, which puts controls around AI usage. The tools also monitor how models perform over time in terms of accuracy and reliability, assess their vulnerabilities and manage other risks, such as data bias.

WSJ

2/3/26 Experian to Acquire AI-Powered Mortgage Shopping Platform Own Up

Experian plans to expand its presence in the mortgage industry by acquiring Own Up, an artificial intelligence-powered mortgage shopping platform.

The acquisition will add Own Up’s homebuying guidance and loan capabilities to Experian Marketplace, joining Experian’s existing ecosystem of credit cards, personal loans and auto insurance offers, the companies said in a Tuesday (Feb. 3) press release.

PYMNTS

2/3/26 Massimo Enters LOI To Acquire FST For Up To $35 Mln; Stock Surges In Pre-market

Massimo Group (MAMO), a manufacturer and distributor of powersports vehicles and electric mobility solutions, on Tuesday said it has entered into a non-binding letter of intent to acquire equity interests of FST Development Co. Ltd. (KBSX), a technology company focused on intelligent hardware and AI-driven system-level solutions.

RTT News

2/3/26 Medtronic to acquire AI-enabled FFR specialists CathWorks for up to $585M

Medtronic has agreed to acquire CathWorks, an Israeli medtech company focused on the diagnosis and treatment of coronary artery disease, for up to $585 million. 

CathWorks is known for its FFRangio technology, which uses advanced artificial intelligence (AI) algorithms and computational science to obtain fractional flow reserve (FFR) measurements of the coronary tree from routine X-ray images. The goal is to eliminate the need for invasive pressure wires, reduce radiation exposure and ensure only patients who require percutaneous coronary intervention undergo the procedure. 

Cardiovascilar Business

2/3/26 KKR Makes AI Play With Nearly $11 Billion Asia Data-Center Deal

A KKR -led consortium has agreed to acquire a Singapore data-center company valued at $10.9 billion, marking the U.S. firm’s largest Asia-Pacific infrastructure investment yet as the AI frenzy fuels demand for tech assets.

The group of investors, which includes Singapore telecommunications company, will buy the rest of ST Telemedia Global Data Centres not already owned from its parent, the companies said Wednesday.

WSJ