Top Ten Tech M&A Transactions This Week by Ascento Capital Invest

Stay current with the latest Tech M&A transactions!

Deal of the Week

10/8/25 CoreWeave to acquire AI engineering software provider Monolith

CoreWeave, Inc. (NASDAQ:CRWV) has agreed to acquire Monolith AI Limited, a London-based artificial intelligence software provider for engineering teams that was spun out of Imperial College London, according to a press release statement issued Wednesday.

The acquisition will expand CoreWeave’s AI cloud platform capabilities into industrial innovation by combining Monolith’s simulation and test-driven machine learning tools with CoreWeave’s AI infrastructure. The combined offering aims to help manufacturing enterprises accelerate product development cycles and improve engineering workflows.

Monolith’s technology enables engineers to apply AI to complex physics and engineering challenges without requiring specialized coding expertise. The company’s current client roster includes major manufacturers such as Nissan, BMW, and Honeywell.

10/9/25 SoftBank Acquires ABB’s Robotics Business for $5.4B

SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder Masayoshi Son’s drive to fuse advanced AI with industrial robots.

The transaction — approved by SoftBank’s board — remains subject to regulatory clearance in the EU, China and the US, with closing targeted for mid-to-late 2026, the companies and multiple reports said.

“SoftBank’s next frontier is physical AI. Together with ABB Robotics, we will unite world-class technology and talent under our shared vision to fuse artificial super intelligence and robotics — driving a groundbreaking evolution that will propel humanity forward,” said Son.

10/8/25 Germany's Helsing to acquire Australian underwater drone maker

Germany's Helsing will acquire Australian underwater drone maker Blue Ocean, the defence startup said on Wednesday, as it looks to expand its AI-powered autonomous systems in the marine sector.

Helsing, which did not give a transaction value, said that it would integrate Blue Ocean's hardware and manufacturing capabilities with its own artificial intelligence (AI).

The "strategic acquisition" allows Helsing to speed up plans for the development and mass production of autonomous underwater drones to protect countries' maritime domains, it said.

10/8/25 Tuned Global strengthens its leadership in music technology with the acquisition of Figaro.ai

Tuned Global, the leading music and media technology platform, has today announced the acquisition of Figaro.ai (by FeedForward), a London-based audio-AI company known for making music catalogues smarter and more discoverable.

The acquisition advances Tuned Global’s strategy to be the cloud platform that clients build on to innovate. By bringing Figaro.ai into its partner-friendly platform, Tuned Global is enhancing its platform with AI innovation to deliver practical outcomes for customers: faster innovation, greater engagement and measurable business impact.

10/7/25 Qualtrics sees AI opportunities in $6.75B Press Ganey acquisition

Qualtrics, developer of tools and technologies for customer and employer experience, announced Monday that it will acquire Press Ganey Forsta, which specializes in patient experience surveys and other healthcare performance improvement resources.


The terms of the definitive agreement call for Qualtrics to buy Press Ganey Forsta for $6.75 billion, payable in a combination of cash and equity. The transaction, subject to regulatory approvals and other customary closing conditions, is expected to close in the coming months, until which time the companies will continue to operate independently.

The transaction will bring together Qualtrics technology with Press Ganey's extensive data and benchmarking resources to help build out an AI-enabled platform designed to help healthcare organizations boost customer and patient experience, employee experience and market research capabilities.

10/6/25 Why Paramount Paid $150 Million for a $20 Million Media Company 

When Paramount agreed to buy The Free Press today for a reported $150 million, it raised a simple but critical question: Why pay so much for such a small business?

The startup, which launched in 2021, is generating around $20 million in revenue, according to a person familiar with the matter. That means Paramount is paying 7.5 times revenue for the outlet.

The multiple places the deal outside normal media economics, according to interviews with four digital media M&A experts. In most transactions, both legacy and digital outlets trade at five to 15 times EBITDA, not revenue.

10/6/25 SAIC will acquire software shop SilverEdge for $205 million

Government technology and consulting giant SAIC announced today it plans to acquire SilverEdge Government Services for $205 million in cash. The deal should close by the middle of next year, SAIC said.

SilverEdge is a software-as-a-service (SaaS) shop with extensive defense and intelligence contracts. Currently owned by Godspeed Capital, a private equity focused on government and defense, SilverEdge was created in 2022 from Varen Technologies, Exceptional Software Strategies, and Savli Group, and later acquired Gardetto and Counter Threat Solutions.

10/6/25 Veeam wants to acquire Securiti to expand data protection

Veeam Software, a leader in data protection and backup software, is set to acquire the American software developer Securiti.

According to insiders, the deal is worth approximately $1.8 billion, Bloomberg reports. The talks are said to be at an advanced stage and could be finalized as early as this week, although no final agreement has been reached yet. Neither Veeam nor Securiti nor owner Insight Partners wanted to comment on the reports.

10/6/25 Huge expands AI creative capabilities with Both&Yes acquisition

Independent agency Huge has acquired creative studio Both&Yes, whose founders have been involved with building digital and AI experiences for Google and YouTube, per a press release. Terms were not disclosed.

Both&Yes co-founders, Ken Frederick and Michael Lin, will become executive creative directors at Huge, bringing years of experience in brand strategy, design and technology.

IPG sold Huge last year to private equity firm AEA Investors and was merged with Hero Digital earlier this year as it reshapes itself into an agency that creates AI-powered experiences for brands.

10/6/25 Firefly to Acquire Data Analytics Provider SciTec in Expansion of National Security Focus

Firefly Aerospace on Sunday afternoon said it has agreed to acquire SciTec, Inc., a small company with expertise in data processing and data analytics that support the intelligence community and U.S. Space Force in a deal to diversify the company.

The acquisition is subject to regulatory approvals and expected to close this year. Deal terms consist of $300 million in cash and $555 million in Firefly stock.

The pending deal would provide Texas-based Firefly with a new suite of software-based solutions around target detection and characterization, missile warning and tracking, remote sensing simulation and analysis, automated data fusion, autonomous mission management, and countermeasure test equipment and testing.

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

James Demchuk, Associate

Victoria Ronan, Associate