Acquisitions
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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.
Former Rio Tinto CEO's Deep-Sea Mining Firm Merges With Odyssey Marine in $1 Billion Deal to Build US-Controlled Critical Minerals Platform
American Ocean Minerals Corporation and Odyssey Marine Exploration announced an all-stock merger valued at approximately $1 billion, creating one of the largest deep-sea mining companies as the US accelerates efforts to secure seabed critical minerals.
OpenAI Acquires Tech Podcast TBPN in Its First Media Deal, Raising Questions About Editorial Independence
OpenAI has purchased the popular tech podcast TBPN for a reported low-hundreds-of-millions-dollar sum, placing the show under its political strategy chief as the AI company expands into media ahead of planned consumer hardware launches.