i5invest USA || US Tech M&A Tracker

$1.2T global M&A rebound drives 22 megadeals >$10B, with tech giants targeting AI infrastructure.

• Alphabet's record $30B Wiz buy bolsters...

• Deal details: All-cash ~$180M at 15x ARR multiple; closed March 20, announced April 13 post-Hiro's $12M Series A.
• Strategic edge: Counters...

Hyperscaler space M&A heats up as Amazon acquires Globalstar for $11B+, gaining 45 LEO satellites and spectrum to fuel AWS vs Starlink enterprise...

Key angles on Nvidia's M&A moves under regulatory fire:

• Slurm Control: Acquires SchedMD for scheduler used in 60% of supercomputers and AI...

FTC testimony affirms the Commission's authority to promulgate rules governing HSR notification requirements from filing to end, and to bring suit to block mergers. Critical for tech M&A deal scrutiny.

Hyperscaler Acquisitions

• 🔥 Amazon Acquires Globalstar: Amazon announced a $11.6 billion acquisition of satellite operator Globalstar at $90 per...

Investor doubts mount on OpenAI's $852B valuation amid enterprise pivot and roadmap shifts.

• Strategic turbulence: Twice-revised roadmap in 6...

OpenAI's tuck-in spree accelerates into fintech AI with Hiro Finance acquihire:

• Talent grab: Hiro team (10ppl), led by serial founder Ethan Bloch...

Amazon bolsters Project Kuiper/Leo with Globalstar's satellites, spectrum, and infrastructure in a $11.57B deal (23% premium), targeting D2D...

Dell and HP shares surged Monday on reports of Nvidia acquisition talks ongoing for over a year, with a rally in Dell Technologies stock. Eyes on Nvidia's AI hardware M&A push.

Core SaaS valuation: ARR x multiple (e.g., $5M ARR at 10x = $50M), driven by growth over profits.

• Growth rate: Top driver; 40-80% yields 10-15x,...

AI Fintech Acquihires

• 🔥 OpenAI Acquires Hiro Finance: OpenAI acquired AI personal finance startup Hiro Finance in an acquihire, with founder...

OpenAI's tuck-in play: Acquired early-stage AI personal finance startup Hiro (founded 2023), an acqui-hire with ~10 employees joining.

• Serial...

Defense tech consolidation in action: AeroVironment acquires Tomahawk Robotics and Planck Aerosystems to enhance autonomous control, navigation, and...

Key M&A impacts on IBM's outlook:

• Accelerated Confluent deal (closed March 17) adds ~$50M Q1 revenue, one quarter ahead of expectations.
• Full-year...

Cisco is in talks to acquire Tel Aviv-based Astrix Security for $250M-$350M, a tuck-in deal to bolster its AI security portfolio amid rogue AI concerns. Signals persistent hyperscaler M&A in cybersecurity.

California Antitrust Bills Advance

• 🔥 COMPETE Act (AB 1776): California Assembly Bill 1776, the Competition and Opportunity in Markets for a...

Key disruptions for PNW tech M&A and hiring:

• Retroactive voiding: Nearly all existing non-competes become unenforceable from June 30, 2027,...

• Munich-based Agile Robots acquires Thyssenkrupp Automation Engineering assets in Europe and North America, rebranding as Krause Automation to expand...

Key risks for CA tech M&A from CLRC-inspired bills rejecting federal precedents:

• COMPETE Act (AB 1776) advanced April 7; ignores Amex two-sided...