Tech M&A Weekly Roundup

This week in Tech M&A, several transactions stood out across AI-enabled commerce, vertical SaaS, technology services, healthcare software, cybersecurity, defense tech and fintech:

• Whatnot acquired Shaped, adding real-time AI search, ranking and recommendations to its live-commerce platform.
• Green Street acquired StorTrack, expanding its real-assets intelligence offering with self-storage and RV park pricing data.
• Amplix acquired OneConnect, its 15th acquisition since 2022, adding technology procurement, vendor negotiation and lifecycle-management capabilities.
• Leica Biosystems announced it will acquire StatLab, expanding its pathology diagnostics products, workflows and laboratory services.
• Infobip acquired SocketLabs, adding enterprise email infrastructure, intelligent routing and deliverability analytics to its customer engagement platform.
• Banyan Software completed a majority investment in WIZE, a wealth and asset management software platform serving more than 120 financial institutions across 27 countries.
• Assent completed its acquisition of IPOINT, expanding from supply-chain compliance into product lifecycle, sustainability and regulatory intelligence.
• Perfect Corp. entered into a definitive agreement to be taken private by a founder-controlled entity at $2.00 per share.
• Mile Auto acquired The Insurance House, combining AI-enabled pay-per-mile insurance technology with an MGA platform serving more than 1,600 independent agencies.
• Presidio acquired LookingPoint, strengthening its West Coast presence and capabilities across cloud, cybersecurity, networking and AI infrastructure.
• VitalHub acquired Buddy Healthcare for €8.3m, adding digital care-pathway and patient coordination software to its healthcare platform.
• ZetaDisplay acquired retailmediatools, creating a more integrated retail media stack across digital signage, audience data and campaign execution.
• Frequency Holdings outlined plans to commercialise recently acquired agentic AI, managed intelligence and MSP assets, moving them toward repeatable products.
• Data I/O entered a non-binding letter of intent to acquire embedded security software and secure provisioning assets from IAR.
• Ondas acquired DZYNE Technologies for approximately $876m, adding autonomous aircraft, counter-drone systems and AI-enabled mission orchestration.
• Uber announced a cash offer to acquire Delivery Hero for €41.50 per share, implying an equity value of approximately $14.8bn.
• Stripe and Advent International were reported to have made a joint takeover offer for PayPal worth approximately $53bn.
• A KKR-backed consortium agreed to acquire Australia’s Steadfast Group in a transaction reported at approximately $5.3bn.
• First Hawaiian agreed to merge with TriCo Bancshares in an all-stock transaction reported at approximately $2bn.

What matters: buyers continue to prioritise assets that combine proprietary data, workflow ownership and specialised technology. This week’s activity also shows continued consolidation across vertical SaaS and technology services, alongside larger strategic moves in payments, marketplaces and defense autonomy.

For CEOs, founders and investors, the signal remains consistent: businesses with differentiated data, embedded workflows and clear strategic relevance continue to attract buyer interest.