Top Ten Tech M&A Transactions This Week by Ascento

Stay current with the latest Tech M&A transactions!

Deal of the Week

12/5/25 Netflix agrees $83bn takeover of Warner Bros Discovery

Netflix has agreed an $83bn takeover of Warner Bros Discovery, in a deal that hands it one of Hollywood’s most celebrated studios and creates a global entertainment powerhouse.

The transaction will transform Netflix into the dominant player in Hollywood, adding a coveted library of content including the Harry Potter and Batman franchises, WBD’s streaming business and the premium programming of HBO.

As part of the takeover, WBD will continue with the planned spin-off of its cable television networks, including CNN, Discovery and Turner, into a separate company before the studios and streaming businesses are sold to Netflix.

12/3/25 OpenAI to acquire Neptune, a startup that helps with AI model training

OpenAI has entered into a definitive agreement to acquire Neptune, a startup that builds monitoring and de-bugging tools that artificial intelligence companies use as they train models.

Neptune and OpenAI have collaborated on a metrics dashboard to help teams that are building foundation models. The companies will work “even more closely together” because of the acquisition, Neptune CEO Piotr Niedźwiedź said in a blog.

12/3/25 HR Path Expands APAC Footprint with Strategic Acquisition of Blueprint HR Software

HR Path, a global leader in HR consulting and HRIS solutions, announces the strategic acquisition of Blueprint HR Software Solutions, a subsidiary of Blueprint Technologies, an Indian-based company specializing in SAP SuccessFactors, Concur, and UKG solutions.

12/3/25 Irish-founded fintech Stripe to acquire US billing platform Metronome

Stripe, the Irish-American fintech services provider, has announced plans to acquire Metronome, a US-based software developer in the billing and invoice space, for an undisclosed amount.

Metronome was founded in 2020 by CEO Scott Woody and chair Kevin Liu and has offices in San Francisco and New York. The company enables organisations to create and manage usage-based pricing models, create invoices and integrate other technologies to optimise the billing process.

12/2/25 Marvell (MRVL) Stock: Chipmaker Pursues Multi-Billion Dollar Celestial AI Acquisition

Marvell Technology is closing in on a deal to buy Celestial AI. The acquisition could reshape the AI chip landscape.

The Information reported Monday that Marvell is in advanced talks to acquire the AI startup. The deal structure combines cash and stock.

12/2/25 Kraken to Acquire Tokenization Platform Backed Finance as Crypto Exchange Extends Buying Spree

U.S. crypto exchange Kraken is buying Backed Finance AG in the firm's latest acquisition to push tokenization, the company announced Tuesday.

Cheyenne, Wyoming-based Kraken said the transaction for the provider of services bridging equities to decentralized finance would "accelerate the global adoption of xStocks"—securities that already trade on markets made available on blockchains.

12/2/25 Havas Strengthens Data & AI Capabilities With Unnest Acquisition

Havas has acquired French data consulting and engineering firm Unnest to bolster its data, technology, and analytics expertise, the company announced on Monday. The move is part of Havas Media Network’s ongoing strategy to expand its global AI-driven initiative, Converged.AI, which helps brands navigate transformation challenges through advanced data solutions.

Founded in 2021 by Nicolas Chollet and Mehdi Moreau, Unnest specialises in Data & Cloud Engineering across platforms such as Google Cloud, Azure, Snowflake, and Amazon Cloud. The firm also has expertise in artificial intelligence and serves clients in retail, travel, beauty, automotive, and luxury sectors.

12/2/25 Anthropic makes first acquisition with purchase of Bun to accelerate Claude Code

Artificial intelligence company Anthropic PBC today announced it had made its first acquisition in acquiring developer tools startup Bun for an undisclosed price.

Founded in 2019, Bun offers an all-in-one JavaScript/TypeScript toolkit that aims to simplify and accelerate full-stack development. The company’s offering is similar in purpose to Node.js but also includes tools developers usually pull in separately, including a package manager, a bundler, a test runner and script runner, all shipped as a single executable.

12/2/25 Diginex Signs MOU to Acquire Plan A (plana.earth) AI Platform Trusted by Chloe, BMW, Deutsche Bank, Visa and Trivago

Diginex Limited (NASDAQ: DGNX), a leading provider of Sustainability RegTech and Data Management solutions, today announced the signing of a non-binding MOU for the acquisition of PlanA.earth GmbH ("Plan A”), one of Europe’s leading AI-powered carbon accounting and decarbonization platforms. This strategic all-share transaction will create a powerful, integrated end-to-end ESG and carbon management solution, enabling enterprises worldwide to measure, manage, and meaningfully reduce their environmental impact while meeting rising stakeholder expectations.

12/1/25 Summit Expands Data Center and Cloud Scale with Acquisition of HorizonIQ

Summit, a leader in managed IT infrastructure, today announced its acquisition of HorizonIQ, a provider of high-performance bare-metal and private cloud platforms with a legacy rooted in Internap and SingleHop. Backed by Silver Oak Services Partners, LLC, this partnership brings together Summit’s data-center and managed services expertise with HorizonIQ’s automation-driven provisioning platform, making it easier for businesses to get the performance of bare metal with the speed and simplicity of the cloud.

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

Content curated by:

Ben Boissevain, Founder

Victoria Ronan, Associate

Ron Kullashi, Associate