M&A Consolidation by Sector

Top 9 sectors · ranked by deal volume · click any deal for the full record

DEAL VOLUME DISCLOSED VALUE

AI Infrastructure

43deals$81B
Top Acquirers
Google5
OpenAI4
AMD4
2026-05-20
Contextual AI → Google
$85M2026-03-19
Astral → OpenAI
Undisclosed2026-01-15
Observe → Snowflake
$1.0B2025-12-22
Intersect → Google
$4.8B2025-12-03
Bun → Anthropic
Undisclosed

Cybersecurity AI

27deals$28B
Top Acquirers
Palo Alto Networks4
Google2
Rapid72
2024-05-15
IBM QRadar SaaS → Palo Alto Networks
Undisclosed2024-05-01
Silk Security → Palantir
Undisclosed2023-11-28
Talon Cyber Security → Palo Alto Networks
$625M2023-10-12
KnowBe4 → Vista Equity
$4.6B2022-06-27
Randori → IBM
Undisclosed

Data Analytics

26deals$62B
Top Acquirers
Databricks2
Google2
Teradata2
2024-10-01
Einblick → Databricks
Undisclosed2024-02-01
Neva → Databricks
Undisclosed2023-09-21
Splunk → Cisco
$28.0B2023-03-13
Qualtrics → Silver Lake
$12.5B2023-02-01
Transform → dbt Labs
Undisclosed

Cloud Security

20deals$41B
Top Acquirers
Palo Alto Networks3
Wiz2
CrowdStrike2
2025-03-18
Wiz → Google
$32.0B2024-11-25
Dazz → Wiz
$450M2024-10-01
Adaptive Shield → CrowdStrike
$300M2024-06-01
Lacework → Fortinet
$175M2024-05-01
Runecast → Dynatrace
Undisclosed

Data Integration

19deals$20B
Top Acquirers
Fivetran4
Salesforce2
Qlik2
2026-06-01
dbt Labs → Fivetran
Undisclosed2025-11-18
Informatica → Salesforce
$8.0B2025-05-01
Census → Fivetran
Undisclosed2024-11-01
Datavolo → Snowflake
Undisclosed2024-04-08
Arcion → Databricks
Undisclosed

Developer Tools

17deals$68B
Top Acquirers
OpenAI3
Anthropic2
Datadog2
2026-06-16
Anysphere (Cursor) → SpaceX
$60.0B2026-05-18
Stainless → Anthropic
Undisclosed2026-03-19
Astral → OpenAI
Undisclosed2026-03-05
Promptfoo → OpenAI
Undisclosed2026-02-15
Koyeb → Mistral AI
Undisclosed

Talent

14deals$17B
Top Acquirers
Meta5
OpenAI4
Anthropic3
2026-05-22
Dreamer → Meta
Undisclosed2026-05-20
Contextual AI → Google
$85M2026-04-03
Coefficient Bio → Anthropic
$400M2026-02-25
Vercept → Anthropic
Undisclosed2026-02-15
OpenClaw → OpenAI
Undisclosed

Data Observability

14deals$6B
Top Acquirers
Cisco3
Splunk3
Datadog2
2025-04-23
Metaplane → Datadog
Undisclosed2024-05-01
Opster → Elastic
Undisclosed2022-07-06
Databand → IBM
Undisclosed2021-08-25
Epsagon → Cisco
$500M2021-06-03
Lightstep → ServiceNow
Undisclosed

Data Management

12deals$16B
Top Acquirers
Salesforce2
Apple2
Veritas1
2025-11-18
Informatica → Salesforce
$8.0B2024-09-05
Own Company → Salesforce
$1.9B2024-02-07
Cohesity → Veritas
Undisclosed2024-01-10
Lilac → Databricks
Undisclosed2021-07-12
Zerto → HPE
$374M