Top Ten Tech M&A Transactions This Week by Ascento

Deal of the Week

11/19/25 Adobe to acquire digital marketing platform Semrush for $1.9 billion

Adobe is acquiring the digital marketing platform Semrush for around $1.9 billion. In a press release on Wednesday, Adobe says the deal will allow it and Semrush to give marketers insight into how their brands appear across the web.

The acquisition builds on Adobe’s existing suite of marketing tools that help businesses manage digital campaigns and analyze web traffic. Adobe has begun incorporating AI into its marketing platform as well, as it now allows brands to generate ads using the technology. It also announced that it’s building an AI agent designed to brainstorm social media campaigns last month.

The Verge

11/19/25 Lloyds Confirms Curve Acquisition as Investor Dispute Intensifies

Lloyds Banking Group has confirmed its acquisition of Curve to expand mobile payments services, while major investor IDC Ventures continues to challenge the deal over governance and ownership concerns.

News of Lloyds Banking Group’s decision to acquire Curve arrived with a sense of confidence from the high-street lender. For many customers, the announcement felt like the bank was trying to understand how people live their financial lives today. Lloyds presented the move as a way to help millions of account holders handle spending more easily on their phones. The bank said Curve’s technology would let customers manage payments through tools that go beyond what a traditional mobile banking app normally provides.

FinTech Weekly

11/19/25 Workday to acquire Pipedream to extend AI agent integrations across enterprise apps

Enterprise resource planning software company Workday Inc. today announced that it plans to acquire Pipedream Inc., a startup that offers an integration platform for artificial intelligence agents, for an undisclosed price.

Founded in 2019, Pipedream provides a low-code, event-driven environment where developers can write small amounts of production code, such as in Node.js or Python, that respond to triggers such as webhooks or scheduled events. The code can also pull data from or push data to application programming interfaces, and it integrates with other services.

Silicon Angle

11/19/25 Palo Alto Networks to Acquire AI Observability Platform Chronosphere for $3.35 Billion

Palo Alto Networks Inc. announced Wednesday it will acquire Chronosphere, a next-generation observability platform designed for artificial intelligence (AI) workloads, in a $3.35 billion deal of cash and replacement equity awards.

The acquisition, pending regulatory approval, was announced on the same day Palo Alto Networks reported strong financial results. It is expected to close in the second half of Palo Alto Networks’ fiscal 2026. The move represents the cybersecurity giant’s strategic push into the observability market at a time when AI applications are creating unprecedented demand for system monitoring and performance management.

Security Boulevard

11/18/25 Radiology Partners, Mosaic acquire Cognita Imaging

Mosaic Clinical Technologies, the technology and AI services division of Radiology Partners, has acquired Cognita Imaging, a developer of vision language models (VLMs) for radiology.

With the acquisition, Cognita’s VLMs will be integrated with Mosaic’s MosaicOS enterprise-scale operating system, the firms said. (VLMs process visual information as well as text.) Cognita’s models have been incorporated into Mosaic Drafting, an application that analyzes x-rays and head CTs and drafts preliminary results for physicians to review and confirm.

Aunt Minnie

11/18/25 Itron Announces Acquisition of Locusview for $525 Million

On November 14, 2025, Itron, Inc. announced its agreement to acquire Locusview, Ltd., a utility-focused software and services company based in the United States and Israel, for $525 million. This acquisition, expected to close in January 2026, will be funded through cash on hand and aims to enhance Itron’s Resiliency Solutions offerings. The integration of Locusview’s digital construction management platform is anticipated to improve productivity and management of construction projects, aligning with Itron’s vision for a connected, intelligent, and sustainable network. This strategic move is expected to drive digital transformation in the utility industry, empowering infrastructure providers globally.

The Global and Mail

11/18/25 Revvity to Acquire ACD/Labs, Expanding Its Scientific Software Integration Capabilities

Revvity announced it has entered a definitive agreement to acquire ACD/Labs, a long-established provider of analytical and chemical intelligence software. The deal expands Revvity Signals’ capabilities across the scientific workflow, with new tools for characterizing molecules, predicting molecular properties, managing analytical data, and supporting process chemistry from discovery through scale-up.

For laboratory leaders, the acquisition underscores a broader industry shift toward scientific software integration—bringing disparate tools into unified platforms that support consistent data structures, faster interpretation, and improved decision-making.

Reuters

11/18/25 SAFE acquires Balbix to unify AI-native exposure management and cyber risk quantification

Artificial intelligence-based cyber risk management company SAFE Securities Inc. today announced that it has acquired cybersecurity posture firm Balbix Inc. for an undisclosed sum.

Founded in 2015, Balbix specializes in artificial intelligence-native cyber risk and exposure management that helps enterprises gain continuous visibility into their attack surface, including cloud, on-premises and third-party assets.

Silicon Angle

11/17/25 Cloudflare acquires AI deployment startup Replicate

Cloudflare Inc. has acquired Replicate Inc., a startup with software that makes it easier to deploy artificial intelligence models in production.

The companies announced the transaction today without disclosing its financial terms. Replicate previously raised more than $23 million in funding from Y Combinator, Sequoia Capital and other backers.

Large language models depend on various auxiliary components to work. The list of required modules often includes CuDNN, an Nvidia Corp. library that provides LLM building blocks such as attention mechanisms. AI models usually also require an implementation of Python, the go-to language for writing AI workloads.

Silicon Angle

11/13/25 Salesforce acquires one-year-old startup Doti AI for an estimated $100 million

Salesforce is acquiring Israeli startup Doti AI. The terms of the transaction were not disclosed, but Calcalist estimates it to be in the region of $100 million. Doti AI develops a Work AI platform enabling enterprises to securely access and utilize internal knowledge in real-time. The deal is expected to close in the fourth quarter of fiscal 2026, subject to customary closing conditions.

The acquisition aims to strengthen Salesforce’s AI R&D center in Israel and accelerate the development of agent-based search and knowledge discovery tools for its enterprise customers. The sale marks a significant return for a company that had raised only $7 million to date.

CTech