Top Ten Tech M&A Transactions This Week by Ascento 5/7/26

Ascento Capital Invest @ www.techbanking.com

Deal of the Week

5/6/26 Meta Pushes into Physical AI with Acquisition of Robotics AI Startup

Meta Platforms has acquired Assured Robot Intelligence (ARI), a robotics artificial intelligence startup focused on humanoid systems, as the company expands its AI work beyond software and into models that could help robots operate in physical environments. Financial terms were not disclosed.

Meta confirmed the acquisition to The Wall Street Journal, saying ARI works on robotic intelligence intended to help robots understand, predict, and adapt to human behavior in complex settings.

The Journal

5/7/26 InMobi Acquires MobileAction to Expand AI-Driven iOS App Growth and Advertising Capabilities

InMobi Group, a global technology company focused on advertising and agentic commerce, has acquired MobileAction, an AI-powered app analytics and growth platform that helps developers and marketers improve visibility and user acquisition across the iOS ecosystem. Financial terms of the transaction were not disclosed.

The acquisition strengthens InMobi Advertising’s position in mobile app marketing by integrating MobileAction’s specialized capabilities in Apple Ads optimization and App Store visibility tools. The deal is intended to enhance InMobi’s ability to support both organic and paid app growth through data-driven and AI-assisted optimization technologies.

City Biz

5/6/26 UK’s Lloyds to acquire Lithuania-licensed fintech firm Curve Europe

One of the world’s best-known financial groups, Lloyds Banking Group, is set to acquire Lithuania-registered electronic money institution Curve Europe, the central bank said Wednesday.

The Bank of Lithuania said it has approved the transaction, under which the British group will indirectly take over Curve Europe. “This is another strong example of global companies seeking to acquire fintech institutions licensed in Lithuania,” central bank governor Gediminas Šimkus said in a statement. “It shows that Lithuania offers favourable conditions for fintech firms to establish and grow, and that their maturity and results are attracting investor attention and creating new expansion opportunities.”

LRT

5/5/26 Lumen takes AI networking ambitions global with $475M Alkira purchase

Lumen is scooping up multi-cloud networking company Alkira, betting $475 million that the combination of the latter’s software brain and its network brawn will accelerate Lumen's quest to become the programmable network of choice for the AI era.

Founded more than 250 years ago, Lloyds Banking Group provides banking, insurance and investment services and operates in multiple countries with a workforce of more than 60,000 employees.

Fierce Network

5/5/26 IREN to Acquire Mirantis in $625M Deal to Expand AI Cloud Software Stack

IREN said Tuesday it will acquire cloud infrastructure and Kubernetes software company Mirantis in a stock deal valued at about $625 million, marking a deeper push by the company into software and enterprise AI services as competition intensifies in the AI cloud market.

The deal expands IREN’s ambitions beyond building power-intensive data centers and deploying GPUs, moving the company further up the AI infrastructure stack into software orchestration, cloud management and enterprise support services.

TheEnergyMag

5/5/26 Vodafone buys out UK mobile partner CK Hutchison in $5.8 billion deal

Vodafone (VOD.L), opens new tab has agreed to buy its partner CK Hutchison's (0001.HK), opens new tab stake ‌in VodafoneThree for 4.3 billion pounds ($5.8 billion), taking full ownership of Britain's biggest mobile operator a year after it was created.

VodafoneThree is currently owned 51% by Britain's Vodafone Group and 49% by Hong Kong-based conglomerate CK Hutchison Group Telecom Holdings, which will sell the stake, the companies said on Tuesday.

Reuters

5/4/26 Lattice Semiconductor to buy software firm AMI in $1.65 billion deal

Lattice Semiconductor (LSCC.O), opens new tab will acquire AMI in a $1.65 billion deal, it said ​on Monday, as the chipmaker looks ‌to expand into the software and artificial intelligence management space.

"AMI's expertise in firmware and infrastructure for ​cloud and AI is a natural ​extension of our portfolio, deepening our role ⁠in system-level security, manageability, and control," said ​Lattice CEO Ford Tamer.

Reuters

5/4/26 James Murdoch’s Company Said to Be in Talks to Acquire Major Parts of Vox Media

Lupa Systems, the company controlled by the media scion James Murdoch, is in talks to acquire major parts of Vox Media, the parent company of New York magazine and a podcast network with prominent hosts like Kara Swisher and Scott Galloway, according to two people with knowledge of the discussions.

Vox Media has been weighing its future for months, including a sale of all or parts of its business. The sale process has drawn multiple potential suitors, including the media company Versant, and it is still possible Vox Media will sell to another acquirer, take on investment or decide not to sell.

New York Times

5/4/26 SAP to acquire data lakehouse vendor Dremio

SAP on Monday announced plans to acquire Dremio, which bills itself as an agentic lakehouse company, for an unspecified price. The move is complicated by similar offerings from existing SAP partners Snowflake and Databricks, but analysts point to key differences with Dremio, especially in its ability to work with data while it sits in the enterprise’s environment, rather than having to live externally.

One of SAP’s justifications for the acquisition is that it will theoretically make it easier for IT executives to combine SAP data with non-SAP data. But its strongest rationale involves Dremio’s ability to make complex data more AI-friendly, so that it can more quickly and cost-effectively be made usable.

CIO

5/4/26 Long Lake to buy Amex GBT for $6.3 billion in AI travel bet

Investment and technology firm Long Lake said on Monday it would buy corporate travel operator ​American Express Global Business Travel for $6.3 billion in an ‌all‑cash deal, betting that artificial intelligence can reshape the sector's future.

Confidence in dealmaking is showing signs of improvement as markets return ​to normality following a roller-coaster ride in the weeks ​after the start of the Iran war.

Reuters