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- Top Ten Tech M&A Transactions This Week by Ascento (4/17/26)
Top Ten Tech M&A Transactions This Week by Ascento (4/17/26)
Stay current with the latest Tech M&A transactions!
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Deal of the Week

4/13/26 OpenAI Has Bought Personal Finance Startup Hiro
OpenAI has acquired personal finance startup Hiro Finance, founder Ethan Bloch announced on Monday and OpenAI confirmed to TechCrunch. The startup was backed by A-list fintech VC firm Ribbit, as well as General Catalyst and Restive.
Terms of the acquisition were not disclosed, nor did Hiro ever disclose how much money it raised. Since Hiro said it will be shutting down its operations on April 20 and deleting all data from its servers on May 13, we’re going to call this an acqui-hire.

4/16/26 AmEx to Buy Altman-Backed Hyper in Push for AI-Powered Expense Tools
Credit card giant American Express (AXP.N), said on Thursday it would buy Hyper, an artificial intelligence-focused expense management startup backed by OpenAI Chief Executive Sam Altman..
The deal underscores how large financial firms are racing to bring AI into core business software, especially in areas such as expense management where manual work, compliance checks and repetitive approvals can be automated.

4/14/26 Amazon to Buy Globalstar to Bolster Leo Satellite Business in a Deal Worth About $11.6 Billion
Amazon said Tuesday it would acquire Globalstar for $90 a share, in a deal worth about $11.57 billion
The transaction will give Amazon’s nascent Leo satellite internet business a boost as it vies to compete with Elon Musk’s SpaceX. Amazon said it also agreed to a deal with Apple to provide satellite connectivity for current and future iPhones and Apple Watch features.

4/14/26 Instacart to Acquire Retail Tech Platform in International Expansion
The purchase of Instaleap comes at a time when Instacart says it is seeing demand outside the U.S. for its enterprise offerings, which include its e-commerce, in-store, advertising and data technologies.
“We’ve already seen growing global demand for our online and in-store technologies, including Storefront Pro and Caper Carts, with early traction in Europe and Australia,” Instacart Chief Commercial Officer Ryan Hamburger said in a statement.

4/14/26 Accenture (ACN) Announces Acquisition of Keepler Data Tech
Bringing Keepler into Accenture plc (NYSE:ACN) will help in further strengthening end-to-end AI as well as data capabilities and its agentic AI solutions. Notably, the acquisition forms part of Accenture plc (NYSE:ACN)’s investments in AI to ramp up the clients’ reinvention. Keepler provides AI and data capabilities, which cover the end-to-end value chain. This means it spans from shaping a data strategy and building cloud-native data foundations to deploying advanced analytics, Gen AI, and agentic AI, which integrates intelligence into the core business processes.

4/13/26 Cisco Reportedly in Talks to Acquire AI Security Startup Astrix for up to $350 Million
Cisco Systems Inc. is reportedly in negotiations to acquire Astrix Security Ltd., a startup specializing in securing artificial intelligence agents. The potential deal is valued between $250 million and $350 million, significantly exceeding Astrix's current funding, as reported by Silicon Angle.
Astrix offers a platform designed to automatically identify and secure AI agents within a company's network, detecting their user accounts and the tools they employ. The software scans for vulnerabilities, such as misconfigurations allowing public access to internal agents, and flags agents that pose risks, like a coding assistant with excessive permissions.

4/13/26 Fiddler AI Expands AI Governance Stack With Lumeus.ai Acquisition
Fiddler AI has acquired Lumeus.ai to strengthen it AI Control Plane Capabilities , addressing the growing need for governance in AI-driven systems.
As enterprises increasingly adopt autonomous AI agents for task such as code generation, workflow execution, and system interactions, the acquisition aims to deliver greater control, security, and reliability across these environments.

4/13/26 Coforge Shares in Focus After Approval of Key AI Acquisition
Shares of Coforge will be in focus heading into trade on Monday after the company confirmed it has received regulatory approval for the acquisition of US-based firm Encora.
Coforge added that it has secured all global regulatory and statutory approvals secured without conditions pertaining to the Encora deal, which was made at the end of last year with a total consideration of $2.5 billion, making it one of the biggest AI-firm acquisitions in the Indian IT sector.

4/13/26 Hexagon to Acquire Waygate Technologies for $1.45 Billion
Hexagon, a company specializing in measurement technologies, has signed a definitive agreement to acquire Waygate Technologies, a provider of non-destructive testing solutions, from Baker Hughes for $1.45 billion.
Waygate Technologies serves customers across aerospace, automotive, energy and industrial manufacturing sectors, and brings with it a portfolio of inspection technologies that integrate with Hexagon's existing measurement hardware, CT analysis and visualization software and production quality and data management platforms.

4/12/26 Self Labs Acquires Loam to Build Privacy-First Identity Infrastructure for the Agentic Internet
Self Labs announced it has acquired Loam to expand its capabilities in agentic AI and programmable identity systems. The acquisition brings together Self’s privacy-first identity verification platform with Loam’s expertise in agentic workflows and intelligent automation. As part of the deal, Birju Shah, founder of Loam and former Head of AI at Uber, will join Self as Chief Operating Officer.
Self provides proof-of-humanity and identity verification infrastructure used by more than 14 million users globally, enabling platforms to verify users without storing sensitive personal data. Its technology is already deployed across enterprise, fintech, and consumer applications, and is used by major platforms including Google and Opera.

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
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Eugene Babushkin, Associate | Ron Kullashi, Associate |