Acquisitions
30 articles RSS
SpaceX Signs Definitive $60 Billion All-Stock Merger to Acquire Cursor Maker Anysphere, Exercising Its April Option Days After Its IPO
An SEC filing shows SpaceX has signed a merger agreement to acquire Anysphere, the maker of AI coding tool Cursor, for $60 billion in stock, with the deal expected to close in Q3 2026.
T1 Energy to Buy KORE Power for $32 Million, Entering Battery Storage and AI Data Center Markets
T1 Energy, the former FREYR, agreed to acquire battery storage provider KORE Power for about $32 million, adding 1,100 deployed projects.
EA's $55 Billion Saudi-Led Buyout Clears Shareholder Vote as Canadian Union Raises National Security Alarm
EA shareholders approved the $55B PIF-led acquisition in late December; Canadian union CWA Canada has urged Ottawa to review the deal under the Investment Canada Act.
NextEra Energy in Talks to Acquire Dominion in a Roughly $400 Billion Stock Deal Aimed at AI Data Center Power Demand
FT and Bloomberg report NextEra is in discussions to buy Dominion in a mostly stock deal that would form a $400 billion utility, expanding into PJM and Northern Virginia's data center cluster.
Lufthansa Exercises Option to Take 90% of ITA Airways for 325 Million Euros, Pushing Italian Flag Carrier Fully Inside the German Group
Lufthansa will exercise its option in June to buy an additional 49% of ITA Airways from the Italian state for 325 million euros, lifting its stake to 90% and triggering full integration of the Italian flag carrier.
SkyWater Stockholders Approve $1.8 Billion IonQ Merger, Clearing a Key Hurdle on the Path to a Vertically Integrated Quantum Foundry
SkyWater Technology stockholders voted this week to adopt the $1.8 billion cash-and-stock merger with IonQ, leaving regulatory approvals as the main remaining condition before a Q2 or Q3 2026 close.
Cisco to Buy Astrix Security for Roughly $400 Million to Govern AI Agents and Non-Human Identities Across the Enterprise
The deal, announced May 4, brings the Israeli non-human-identity startup into Cisco's security platform alongside Identity Intelligence, Duo, Secure Access, and Splunk.
IREN Acquires Mirantis for $625 Million in All-Stock Deal, Adding Kubernetes and OpenStack Software to Its AI Cloud Stack
Former bitcoin miner IREN will pay $625 million in shares for Mirantis, the long-standing OpenStack and Kubernetes vendor behind the k0rdent platform, layering enterprise infrastructure software on top of its 2 GW Sweetwater AI campus.
Sun Pharma Strikes $11.75 Billion All-Cash Deal for Organon, the Largest Overseas Acquisition Ever by an Indian Drugmaker
India's Sun Pharma will buy Merck spinoff Organon for $14 a share, vaulting into the global top 25 pharmaceutical companies and entering biosimilars at scale.
QXO Strikes $17 Billion Deal for TopBuild, Vaulting Brad Jacobs's Roll-Up to the Top of North American Building Products
QXO will acquire insulation distributor TopBuild for $17 billion, its largest deal yet, creating an $18 billion-revenue building products giant.
SpaceX Secures $60 Billion Option to Acquire Cursor After Preempting Its $2 Billion Fundraising Round
SpaceX announced a $10 billion collaboration deal with AI coding tool Cursor and an option to acquire it for $60 billion, halting a $2B fundraising round that Andreessen Horowitz, Thrive, and Nvidia had been set to join.
Coursera and Udemy Shareholders Overwhelmingly Approve $2.5 Billion Merger, Clearing the Path to Online Learning's Largest Consolidation
Shareholders of both Coursera and Udemy voted over 99% in favor of combining into a single platform serving 245 million learners, with FTC clearance already secured and closing expected in the second half of 2026.