CFOtech Canada - Technology news for CFOs & financial decision-makers

Mergers and Acquisitions (M&A) stories - Page 3

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OpenAI buys Astral to bolster Codex developer tools

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OpenAI is buying Python tooling specialist Astral to fold its uv, Ruff and ty projects into Codex and deepen ties to developers.
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DigiCert posts record Q4 ARR after expansion spree

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DigiCert reports record Q4 ARR in FY26 as DigiCert ONE platform growth, acquisitions and automation demand drive digital trust expansion.
Ghaleb

AI is driving the next wave of fintech acquisitions - but most acquirers aren't ready for what comes next

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AI-fuelled fintech mega-deals are surging, but most buyers lack the operating model and culture to turn shiny assets into real value.
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From Shopify to CAE: Canada's top five tech firms on the TSX

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From eCommerce and niche software to AI hardware and flight simulators, five Canadian tech heavyweights quietly power the global economy.
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Rogo buys Offset to boost AI agents for finance pros

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Rogo acquires AI agent firm Offset to deepen automation in investment banking and buy-side workflows after its USD $75 million Series C.
Komerz

Komerz buys Glassbox in deal valuing firm at USD $330m

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Komerz snaps up Glassbox in move valuing the group at USD $330m, bolstering its Creative Commerce offer across global markets.
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saas.group tops USD $100m ARR as AI drives next phase

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saas.group surpasses USD $100m ARR as it doubles down on AI-led upgrades and fresh acquisitions across its 25-plus software brands.
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LivTech adds CMO & CRO to drive healthcare tech growth

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LivTech names new marketing and revenue chiefs to spearhead its next growth phase in healthcare tech for long-term and in-home care.
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OpenAI buys Promptfoo to bolster Frontier AI security

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OpenAI agrees to buy Promptfoo, aiming to embed automated security testing and red-teaming tools directly into its Frontier AI coworker platform.
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Zendesk to acquire Forethought in agentic AI expansion

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Zendesk to buy AI agent platform Forethought in its biggest deal in nearly 20 years, betting on self-improving automation in customer service.
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Zendesk to buy Forethought in agentic AI expansion drive

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Zendesk moves to buy Forethought, betting on agentic AI agents to resolve most customer issues autonomously across platforms and channels.
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Google backs 14 Canadian AI startups in new cohort

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Google has picked 14 Canadian AI startups for its latest accelerator cohort, spanning healthcare, finance, industry and agriculture.
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ALSO lifts 2025 profit, raises dividend, eyes growth

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digital transformation
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cloud services
ALSO posts record 2025 results, boosts dividend and cash, and forecasts higher 2026 EBITDA as cloud growth and acquisitions drive gains.
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Goldman Sachs Alternatives backs Schellman expansion

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data protection
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cloud security
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Goldman Sachs Alternatives to take stake in Schellman, backing global expansion in AI governance, cybersecurity compliance and digital trust.
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Backbase names Didier Van der Coelden CFO for AI push

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Backbase appoints Didier Van der Coelden as CFO to steer growth and AI-led banking platform expansion across its global operations.
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Lyten's USD $5bn deal to build Swedish battery hub

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Lyten buys Northvolt's Swedish battery assets in a USD $5bn deal, planning a Skellefteå hub fusing cell plants with vast AI data centres.
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Nasuni buys Resilio to boost edge file access speed

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Nasuni snaps up Resilio to fuse edge caching with cloud file services, promising faster access and fewer VPN headaches for remote staff.
Divija

From practicing lawyer to legal engineer: Why the safe bet isn't always the best bet

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document management
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A former BigLaw lawyer explains how swapping the safe partnership track for legal tech unlocked purpose, innovation and a front-row seat to AI.
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Delinea buys StrongDM to secure AI-era privileged access

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Delinea acquires StrongDM to fuse privileged access management with JIT runtime controls, targeting AI-era human and machine identities.
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Delinea buys StrongDM to tackle AI-driven access risk

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Delinea acquires StrongDM to fuse privileged access tools with just‑in‑time authorisation, tackling AI‑driven identity and access risks.