Top Ten Tech M&A Transactions This Week by Ascento

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Deal of the Week

11/14/25 Wolters Kluwer to acquire legal AI assistant software provider Libra Technology GmbH

Wolters Kluwer (OTC:WTKWY) agreed to acquire Berlin-based legal AI provider Libra Technology GmbH for up to €90 million on November 14, 2025, including a €30 million upfront payment and deferred consideration tied to performance targets.

Libra’s AI assistant, launched in late 2024, serves law firms and corporate legal teams in Germany and Europe and is expected to reach about €5 million ARR by year-end. All ~15 employees will join Wolters Kluwer. Management expects ROIC at or above an after-tax WACC of 8% within 3–5 years, and an immaterial near-term impact on adjusted earnings. Closing is expected in November 2025, subject to customary conditions.

Stock Titan

11/13/25 Veritas Capital to Acquire AI-Enabled Platforms Provider MetroStar

Veritas Capital announced that affiliates of its Vantage Fund have agreed to acquire artificial intelligence-enabled digital transformation services provider MetroStar Systems for an undisclosed sum.

In a joint release published Wednesday, the companies said they expect the transaction to close in the fourth quarter of 2025, subject to regulatory approvals and other customary closing conditions.

KippsDeSanto & Co. and Holland & Knight served as MetroStar’s financial adviser and legal counsel, respectively, in the deal. Latham & Watkins is serving as legal counsel to Veritas.

GovConWire

11/12/25 AMD Buys AI Startup Led By Neuralink Veterans In Ongoing Acquisition Spree

AMD said Monday it has bought an AI software startup founded by two veterans of Elon Musk’s Neuralink firm as part of an ongoing acquisition spree to build out its AI capabilities against Nvidia.

Anush Elangovan, AMD’s corporate vice president of software development, wrote in a blog post that the chip designer completed its acquisition of MK1, a Mountain, View, Calif.-based provider of inference and enterprise AI software, to “advance AI performance and efficiency across the stack.”

CRN

11/11/25 Salesforce strengthens Agentforce with planned Spindle AI acquisition

Salesforce has signed a definitive agreement to acquire Spindle AI, a company specialising in agentic analytics and machine learning. The deal aims to strengthen Salesforce’s Agentforce platform by integrating Spindle’s advanced data modelling and forecasting technologies.

Spindle AI has developed neuro-symbolic AI agents capable of autonomously generating and optimising scenario models. Its analytics tools enable businesses to simulate and assess complex decisions, from pricing strategies to go-to-market plans, using AI-driven insights.

Salesforce said the acquisition will enhance its focus on Agent Observability and Self-Improvement within Agentforce 360. Executives described Spindle AI’s expertise as critical to building more transparent and reliable agentic systems capable of explaining and refining their own reasoning.

Digital Watch Observatory

11/11/25 Hexagon to acquire Inertial Sense to expand navigation tech

Hexagon announced an agreement to acquire Inertial Sense, a provider of tactical-grade global navigation solutions and inertial navigation systems (GNSS+INS), to strengthen the breadth of its positioning portfolio.

This acquisition marks a significant step in Hexagon’s commitment to innovation and scalable growth in the rapidly evolving autonomous and positioning technology space. Inertial Sense’s capabilities will complement Hexagon’s assured positioning, navigation, and timing (PNT) portfolio, which provides an affordable, high-performance navigation solution to customers across aerospace & defence, robotics, and unmanned aerial vehicle (UAV) industries.

Engineering.com

11/11/25 Snowflake to acquire Datometry to bolster its automated migration tools

Snowflake has entered into a definitive agreement to acquire San Francisco-headquartered startup Datometry, for an undisclosed sum, to bolster SnowConvert AI, one of its existing set of migration tools.

SnowConvert AI, which is powered by Snowflake’s Cortex AI Agents, is a free product that was introduced earlier this year to help enterprises reduce the complexity and time required to migrate their data warehouse workloads to Snowflake by not only automating code conversion, but also code verification and validation. The company also offers the Snowpark Migration Accelerator, which focuses solely on moving Spark workloads.

InfoWorld

11/10/25 Charles Schwab to acquire private markets platform Forge for $660m

Charles Schwab has entered into a definitive agreement to acquire private markets fintech Forge Global for approximately $660 million, advancing its strategy to bring private market capabilities to retail and advisor clients.

Forge operates a private market platform and trading marketplace where qualified investors have transacted more than $17 billion in non-public company shares since 2014. Under CEO Kelly Rodriques, the enterprise also provides private market insights, and is developing an interval funds solution with reduced minimums to broaden market participation.

The acquisition aims to strengthen Schwab's wealth, advisory, and investment management offerings by adding direct private securities access. This builds upon the recent launch of Schwab Alternative Investments Select, an alternative investment platform introduced last month, exclusively available to retail clients with household assets exceeding $5 million.

FinTech Futures

11/10/25 KKR sells aerospace parts firm Novaria Group to Arcline for $2.2 billion

KKR has struck a deal to sell aerospace and defense hardware maker Novaria Group to industrials-focused private equity firm Arcline Investment Management for $2.2 billion, the company and the seller told Reuters on Monday.

KKR took control of Fort Worth, Texas-based Novaria in early 2020, and since then the group has added 13 new companies, KKR partner Joshua Weisenbeck told Reuters.

The firm is selling Novaria against a supportive backdrop for deals in aerospace and defense, buoyed by forecasts for growth in aircraft production as the sector recovers from the COVID-19 pandemic, the removal of a production cap on planemaker Boeing, and increased spending on national security, Weisenbeck said.

Reuters

11/10/25 Revvity to Acquire ACD/Labs to Expand its Signals Software Capabilities

Revvity, Inc. (NYSE: RVTY), today announced it has entered into a definitive agreement to acquire ACD/Labs, a global provider of scientific software solutions that support analytical characterization and molecular design across pharmaceutical and material sciences end markets. This acquisition expands the breadth and depth of Revvity Signals’ solutions for bridging the gap between analytical data and actionable insights, further strengthening its ability to accelerate scientific innovation. The transaction is expected to close late in Q4 2025.

BusinessWire

11/10/25 BigBear.ai jumps following Q3 financial results, reveals plans to acquire Ask Sage

BigBear.ai (BBAI) shares jumped 15% during early post-market trading on Monday after it reported better-than-expected third quarter financial results and announced the acquisition of Ask Sage.

Ask Sage is a generative artificial in platform for secure distribution of artificial intelligence models and agentic AI capabilities, built specifically for defense and national security agencies and other regulated sectors.

For the quarter ended September 30, BigBear.ai, the data and analysis solutions company, reported a GAAP loss per share of ($0.03) versus the consensus estimate of ($0.07).

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