Mergers & Acquisitions

Sanmina Buying ZT Systems Assets From AMD In $3 Billion Deal

By Amit Chowdhry ● May 25, 2025

AMD announced it has entered into a definitive agreement to sell ZT Systems’ U.S.-headquartered data center infrastructure manufacturing business to Sanmina (an integrated manufacturing solutions company).

Siemens To Buy Design Automation Company Excellicon

By Amit Chowdhry ● May 25, 2025

Siemens Digital Industries Software announced that it has agreed to buy Excellicon. This will bring Excellicon’s software for the development, verification, and management of timing constraints to Siemens’ EDA portfolio of software for IC design.

Blackstone: $11.5 Billion Acquisition Of TXNM Energy

By Amit Chowdhry ● May 24, 2025

TXNM Energy announced an agreement under which Blackstone Infrastructure will acquire TXNM Energy for $61.25 per share in cash upon closing, reflecting a total enterprise value of $11.5 billion, including net debt (excluding securitization debt) and preferred stock.

Honeywell To Buy Johnson Matthey’s Catalyst Technologies Operations For £1.8 Billion

By Amit Chowdhry ● May 24, 2025

Honeywell announced that it has agreed to buy Johnson Matthey's Catalyst Technologies business segment for £1.8 billion in an all-cash deal, representing about 11 times the estimated 2025 EBITDA, inclusive of tax benefits and run-rate cost synergies.

JumpCloud Buying Privileged Access Management Company VaultOne

By Amit Chowdhry ● May 24, 2025

JumpCloud is simplifying IT with the acquisition of VaultOne. VaultOne delivers privileged access management (PAM) solutions that provide secure access to a wide range of critical assets, from SaaS applications to cloud infrastructure and databases. JumpCloud’s acquisition furthers its goal of simplifying IT operations across a secure access control platform for today’s global workforce.

Why OpenAI Is Buying Jony Ive’s io In $6.5 Billion Deal

By Amit Chowdhry ● May 23, 2025

OpenAI announced it is recruiting Jony Ive, who is known as the designer behind the Apple iPhone, Apple Watch, and MacBook Pro. Jony Ive will oversee a new hardware project for OpenAI. As part of the deal, OpenAI will be buying io Products for $6.5 billion, which is a product and engineering company that was co-founded by Ive.

Addepar: Acquisition Of Enterprise AI Workflow Company Arcus

By Amit Chowdhry ● May 23, 2025

Addepar, a leading technology and data platform for wealth, investment, and asset management, announced the acquisition of Arcus, an innovator in enterprise AI workflows. This strategic deal accelerates Addepar's technology roadmap to embed sophisticated AI and machine learning (ML) more deeply across its platform, supported by the company's ongoing investment of $100+ million annually to research and development.

Keyfactor Buying InfoSec Global And CipherInsights

By Amit Chowdhry ● May 20, 2025

Keyfactor, an industry leader in digital trust for modern enterprises, announced it has acquired InfoSec Global, a leader in cryptographic posture management, and CipherInsights, an advanced cryptographic discovery solution by Quantum Xchange.