acquisitions

Databricks Boosts AI Agent Business With $1 Billion Neon Purchase

Databricks Boosts AI Agent Business With $1 Billion Neon Purchase
Databricks Boosts AI Agent Business With $1 Billion Neon Purchase
May 14, 2025  |  Partnerships

Data and artificial intelligence (AI) firm Databricks is acquiring database startup Neon. “As the $100-billion-plus database market braces for unprecedented disruption driven by AI, Databricks plans to continue...

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Coupa Acquires Cirtuo to Add Category Management to Spend Management Platform
Coupa Acquires Cirtuo to Add Category Management to Spend Management Platform
May 13, 2025  |  Partnerships

Coupa said Tuesday (May 13) that it has acquired Croatia-based Cirtuo to accelerate its roadmap for autonomous spend management. The acquisition adds Cirtuo’s artificial intelligence...

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ICapital to Acquire Citi Global Alternatives and Collaborate With Citi Wealth
ICapital to Acquire Citi Global Alternatives and Collaborate With Citi Wealth
May 13, 2025  |  Partnerships

Global FinTech platform iCapital said Tuesday (May 13) that it will acquire Citi’s indirect subsidiary, Citi Global Alternatives. Citi Global Alternatives is the adviser to...

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Shein’s Derailed Listing Has UK Investors Looking at ‘Notable IPOs’
Shein’s Derailed Listing Has UK Investors Looking at ‘Notable IPOs’
May 11, 2025  |  IPO

With Shein’s IPO in limbo, U.K. investors are reportedly seeking a new hope. As Bloomberg News reported Sunday (May 11), the highly anticipated initial public...

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CPI Pays $45 Million for On-Demand Payment Card Firm Arroweye
CPI Pays $45 Million for On-Demand Payment Card Firm Arroweye
May 08, 2025  |  Partnerships

Payments tech company CPI Card Group has acquired payment card solutions company Arroweye. The $45.5 million deal, announced Wednesday (May 7), combines Arroweye’s on-demand payment...

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Corpay, TPG to Acquire AvidXchange in $2.2 Billion Deal
Corpay, TPG to Acquire AvidXchange in $2.2 Billion Deal
May 06, 2025  |  Partnerships

Corporate payments firm Corpay and global asset management firm TPG have entered into a deal to acquire accounts payable (AP) automation software provider AvidXchange. Financial...

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Global Payments Bets Big on $600M Synergy From Worldpay
Global Payments Bets Big on $600M Synergy From Worldpay
May 06, 2025  |  Partnerships

A $22 billion acquisition is a tough act to follow. But TSYS-parent Global Payments is betting big on its $600 million synergy target as it...

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Tariff Worries Plunge M&A to Lowest Level Since 2009
Tariff Worries Plunge M&A to Lowest Level Since 2009
May 06, 2025  |  Partnerships

Mergers and acquisitions (M&A) have sunk to their lowest level in 20 years, with deal-making now worse than during the Great Recession of 2008-09 and...

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