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TEXXR / Topics / Tech Acquisitions / 2025

Tech Acquisitions (2025)

The 2025 M&A landscape split into two tracks: mega-deals driven by AI infrastructure demand and defensive acquisitions by companies racing to integrate AI before competitors. Regulatory scrutiny intensified — the FTC and EU blocked or delayed several major transactions, creating a new category of 'announced but stalled' deals that dominated coverage for months.

1241 events in 2025 20 key entities
← 2024
2025
2026 →
Marvell is in advanced talks to acquire chip startup Celestial AI in a cash-and-stock deal that could top $5B.
rumored 1 article 2025-12-02
Marvell Celestial AI
Sources: Marvell is in advanced talks to acquire chip startup Celestial AI in a cash-and-stock deal that could top $5B; Celestial was valued at $2.5B in March
The Information · 2025-12-02 · #48
African ISPs are struggling to expand capacity because much of the regional IPv4 address space has been acquired and leased outside Africa.
confirmed 1 article 2025-12-01
African ISPs
How a Chinese entrepreneur amassed 10M+ IPv4 addresses, mostly from Africa, to lease them outside Africa, leaving African ISPs struggling to expand capacity
Wall Street Journal · 2025-12-01 · #28
A Chinese entrepreneur amassed over 10 million IPv4 addresses, mostly sourced from Africa.
confirmed 1 article 2025-12-01
Chinese entrepreneur 10M+ IPv4 addresses
How a Chinese entrepreneur amassed 10M+ IPv4 addresses, mostly from Africa, to lease them outside Africa, leaving African ISPs struggling to expand capacity
Wall Street Journal · 2025-12-01 · #28
Apple is reportedly evaluating Intel's 18A process for potential use in producing its chips.
rumored 2 articles 2025-11-28 — 2025-11-29
Apple Intel 18A process
Sources: Intel may start shipping a portion of Apple's lowest-end M chips as early as 2027; Apple is evaluating Intel's 18A process for the chip production
@mingchikuo · 2025-11-28 · #7
Getty CEO Craig Peters says Getty may rethink its UK presence if the CMA blocks its deal for Shutterstock.
confirmed 1 article 2025-11-28
Getty Images United Kingdom
Getty CEO Craig Peters says Getty may rethink its UK presence if the CMA blocks its Shutterstock deal, arguing the CMA is overlooking AI's impact on imaging
Financial Times · 2025-11-28 · #12
Sources say the Huawei and ZTE deals followed US tariffs.
rumored 1 article 2025-11-28
Vietnam United States
Sources: Vietnam's recent Huawei and ZTE 5G equipment deals bolster its ties with China following US tariffs, but could undermine US trust in Vietnam's networks
Reuters · 2025-11-28 · #23
Sources say Vietnam recently struck 5G equipment deals with Huawei and ZTE.
rumored 1 article 2025-11-28
Vietnam Huawei ZTE
Sources: Vietnam's recent Huawei and ZTE 5G equipment deals bolster its ties with China following US tariffs, but could undermine US trust in Vietnam's networks
Reuters · 2025-11-28 · #23
Temasek is reportedly in talks to buy about a 5% stake in Quest Global in a deal valuing the engineering services company at $4.6B ahead of its India IPO.
rumored 1 article 2025-11-28
Temasek Quest Global
Sources: Temasek is in talks to buy a ~5% stake in Quest Global, in a deal that values the engineering services company at $4.6B in the lead-up to its India IPO
Bloomberg · 2025-11-28 · #16
Sources report that Jeff Bezos' Project Prometheus, which is building AI for manufacturing computers, cars, and spacecraft, has acquired agentic AI startup General Agents.
rumored 1 article 2025-11-27
Project Prometheus Jeff Bezos General Agents
Sources: Jeff Bezos' Project Prometheus, which is building AI for manufacturing computers, cars, and spacecraft, has acquired agentic AI startup General Agents
Wired · 2025-11-27 · #31
ServiceNow is reportedly in advanced talks to acquire corporate data management and security startup Veza for more than $1B, possibly as soon as next week.
rumored 1 article 2025-11-27
ServiceNow Veza
Sources: ServiceNow is in advanced talks to buy corporate data management and security startup Veza for $1B+ in a deal as early as next week
The Information · 2025-11-27 · #29
Robinhood acquires MIAXdx, a Designated Contract Market that clears and executes derivatives trades.
confirmed 1 article 2025-11-26
Robinhood MIAXdx
Robinhood plans to launch a futures and derivatives exchange with Susquehanna in 2026 and acquires MIAXdx, which clears and executes derivatives trades
Wall Street Journal · 2025-11-26 · #12
ByteDance is reportedly in talks to sell game studio Moonton to Saudi Arabia-based Savvy Games.
rumored 1 article 2025-11-26
ByteDance Moonton Savvy Games
Sources: ByteDance is in talks to sell game studio Moonton, which it acquired for ~$4B in 2021, to Saudi Arabia-based Savvy Games; Moonton makes Mobile Legends
Bloomberg · 2025-11-26 · #30
ByteDance acquired Moonton for approximately $4 billion in 2021.
confirmed 1 article 2025-11-26
ByteDance Moonton
Sources: ByteDance is in talks to sell game studio Moonton, which it acquired for ~$4B in 2021, to Saudi Arabia-based Savvy Games; Moonton makes Mobile Legends
Bloomberg · 2025-11-26 · #30
Naver agrees to acquire Dunamu in an all-stock deal valued at $10.3 billion.
confirmed 1 article 2025-11-26
Naver Dunamu
Naver agrees to acquire Dunamu, which runs South Korea's biggest crypto exchange Upbit, in a $10.3B all-stock deal; Upbit has 80%+ market share in South Korea
Bloomberg · 2025-11-26 · #14
Suno will acquire Warner Music Group's ticketing service Songkick under the terms of the deal.
confirmed 1 article 2025-11-26
Suno Songkick Warner Music Group
Warner Music and AI music generator Suno strike a deal, settling previous litigation; Suno will launch licensed AI models and will acquire WMG's Songkick
Music Business Worldwide · 2025-11-26 · #24
Sources report ByteDance bought more Nvidia chips in 2025 than any other Chinese company.
rumored 1 article 2025-11-26
ByteDance Nvidia chips
Sources: ByteDance bought more Nvidia chips than any other Chinese company in 2025, but Chinese regulators now block it from using the chips in new data centers
The Information · 2025-11-26 · #19
Meta could spend billions to purchase Google TPUs for use in its data centers.
rumored 1 article 2025-11-25
Meta Google TPUs
Sources: Google begins pitching customers, including Meta and big financial institutions, on using its TPUs in their data centers; Meta could spend billions
The Information · 2025-11-25 · #1
Peek acquires Acme Ticketing and Connect&Go.
confirmed 1 article 2025-11-23
Peek Acme Ticketing Connect&Go
Peek, which sells attractions and tour operator software, raised a $70M Series D, taking its total funding to $150M+, and acquired Acme Ticketing and Connect&Go
Axios · 2025-11-23 · #10
Ubisoft denies it has been sold or has collapsed, attributing the earnings delay to financial reporting technicalities.
denied 1 article 2025-11-22
Ubisoft
Ubisoft delayed reporting its Q2 results after auditors found it improperly booked sales from a partnership as revenue, forcing it to restate its accounts
Bloomberg · 2025-11-22 · #28
Thoma Bravo acquires a majority stake in enterprise Java platform developer Azul for an undisclosed price, according to Azul CEO Scott Sellers.
confirmed 1 article 2025-11-22
Thoma Bravo Azul
Thoma Bravo acquires a majority stake in Java platform Azul, which received a $340M majority investment from Vitruvian Partners and Lead Edge Capital in 2020
Axios · 2025-11-22 · #11
GE HealthCare acquires Intelerad for $2.3B; Intelerad provides cloud imaging software and digital workflow tools primarily to outpatient and ambulatory sites.
confirmed 1 article 2025-11-21
GE HealthCare Intelerad
GE HealthCare acquires Intelerad, which sells cloud imaging software and digital workflow tools primarily to outpatient and ambulatory sites, for $2.3B
Axios · 2025-11-21 · #31
Palo Alto Networks acquires Chronosphere for $3.35B.
confirmed 1 article 2025-11-20
Palo Alto Networks Chronosphere
Palo Alto Networks reports Q1 revenue up 16% YoY to $2.47B, vs. $2.46B est., forecasts Q2 revenue in line with est., and acquires Chronosphere for $3.35B
CNBC · 2025-11-20 · #16
Nvidia files that it plans to rent $26B worth of servers over the next six years.
confirmed 1 article 2025-11-20
Nvidia servers $26B six years
Filing: Nvidia says it plans to rent $26B worth of servers over the next six years, which is double the cloud spending commitments it disclosed three months ago
The Information · 2025-11-20 · #8
Sources report that Chinese investment firm Capital Today bought ByteDance shares in a bidding auction at a $480B valuation.
rumored 1 article 2025-11-20
Capital Today ByteDance
Sources: Chinese investment firm Capital Today bought ByteDance shares at a $480B valuation in a bidding auction; ByteDance had a ~$330B valuation in September
Bloomberg · 2025-11-20 · #42
Adobe announces plans to acquire NYSE-listed Semrush for $1.9 billion in cash, paying $12 per share; Semrush provides search-engine optimization and marketing services.
confirmed 1 article 2025-11-19
Adobe Semrush
Adobe plans to acquire NYSE-listed Semrush, which helps companies run search engine optimization as AI use rises, for $1.9B in cash, paying $12 per share
Wall Street Journal · 2025-11-19 · #13
Sky News reports Lloyds is set to pay £120M to acquire Curve.
rumored 1 article 2025-11-19
Lloyds Curve £120M
UK bank Lloyds agrees to acquire UK startup Curve, which offers digital wallets, in a deal set to close in H1 2026; Sky News reported Lloyds is set to pay £120M
Bloomberg · 2025-11-19 · #41
Lloyds agrees to acquire UK startup Curve, a provider of digital wallets, in a deal expected to close in H1 2026.
confirmed 1 article 2025-11-19
Lloyds Curve
UK bank Lloyds agrees to acquire UK startup Curve, which offers digital wallets, in a deal set to close in H1 2026; Sky News reported Lloyds is set to pay £120M
Bloomberg · 2025-11-19 · #41
Constellation will sell the output from the restarted Three Mile Island plant to Microsoft under a 20-year deal.
confirmed 1 article 2025-11-19
Constellation Microsoft Three Mile Island nuclear plant 20-year deal
The US DOE will provide Constellation with a $1B loan to restart the Three Mile Island nuclear plant; the output will be sold to Microsoft under a 20-year deal
Wall Street Journal · 2025-11-19 · #51
Meta's antitrust victory may allow Meta, Google, Microsoft and other big tech firms to resume buying startups to stay competitive.
rumored 1 article 2025-11-19
Meta Google Microsoft other big tech startups
Meta's win over the US FTC may mean Meta, Google, Microsoft, and others can resume buying startups to stay ahead of the pack, after a slowdown under Lina Khan
New York Times · 2025-11-19 · #3
SoftBank announced its $6.5 billion acquisition of Ampere in March.
confirmed 1 article 2025-11-18
SoftBank Ampere
Filing: the US FTC ends its review of SoftBank's $6.5B acquisition of chip designer Ampere, granting an early termination; SoftBank announced the deal in March
Bloomberg · 2025-11-18 · #37
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