Latest Corporate News
SpaceX Acquires xAI in Record $250 Billion Deal
As of February 2026, SpaceX completed the largest acquisition ever by taking over xAI for $250 billion, topping all historical M&A transactions. This mega-deal underscores the booming valuations in AI and space tech sectors amid intense industry consolidation.
It highlights SpaceX's aggressive expansion strategy in AI integration for space exploration.
Asian Markets Hit Records Despite US Jobs Strength
Japan's Nikkei 225 and South Korea's Kospi reached fresh highs, with Nikkei up 0.2% at 57,748 and Kospi up 2.5% at 5,485, driven by tech gains like Samsung +5.9%. Gains followed PM Takaichi's election victory promising pro-growth policies, while Hong Kong slipped 0.9%.
US markets dipped after January jobs added 130K, exceeding forecasts and curbing rate cut bets.
HgCapital Leads $6.4B OneStream Go-Private Deal
Investor group including HgCapital, General Atlantic, and Tidemark agreed to buy financial software firm OneStream for $6.46 billion, January's top IT M&A. Hg becomes majority shareholder; J.P. Morgan advised OneStream, Goldman Sachs advised Hg.
This marks heightened private equity activity in enterprise software.
Devon Energy and Coterra Finalize $21.4B Merger
Devon Energy merged with Coterra Energy in a $21.4 billion deal, signaling major US shale consolidation and ranking among 2026's largest M&A. The transaction boosts scale in energy amid surging strategic mega-deals in tech and energy sectors.
It positions the combined entity for dominance in shale production.
Alphabet Finalizes $30B Wiz Cybersecurity Acquisition
Alphabet's Google completed its $30 billion purchase of Wiz after regulatory hurdles, bringing cybersecurity infrastructure in-house for AI industrialization. The deal, cleared under revised frameworks, integrates Wiz into Google Cloud.
It reflects tech giants' shift to transformative acquisitions.
IonQ to Acquire SkyWater Technology for $1.97B
IonQ's pending cash-and-stock deal for semiconductor maker SkyWater values it at $1.97 billion, with shareholders getting $15 cash and $20 IonQ stock per share. Advised by Cantor Fitzgerald and BofA for IonQ, Goldman for SkyWater; second-largest January IT M&A.
It strengthens quantum computing hardware capabilities.
Palo Alto Networks Proposes $25B CyberArk Buy
Palo Alto Networks proposed acquiring CyberArk Software for $25 billion to merge identity management with cloud security for AI-era dominance. The move benefits from cash reserves amid moderating rates, positioning it as a key player.
It exemplifies scale giants absorbing specialized innovators.
CrowdStrike Acquires SGNL.AI for $740M
CrowdStrike's deal to buy identity security firm SGNL.AI from shareholders is valued at $740 million, set to close in Q1 FY2027. This bolsters cybersecurity offerings amid rising M&A in the sector.
It follows a trend of strategic tech acquisitions.
Marubeni Transfers Chemicals Business to Subsidiary
Marubeni Corporation resolved to transfer its Chemicals Dept.-II business to subsidiary Marubeni Chemix via split, effective April 1, 2026, followed by merger with Marubeni Plax. Aims to expand domains, enhance DX, and strengthen chemical business earnings.
Impact on consolidated results expected minor.
D-Wave Quantum Buys Quantum Circuits for $550M
D-Wave Quantum acquired Quantum Circuits for $550 million, one of January's notable IT deals crossing $500 million threshold. This enhances quantum computing portfolio amid surging sector activity.
It aligns with broader tech M&A rebound in 2026.
Marvell Technology Acquires Xconn for $549.6M
Marvell's pending acquisition of Xconn Technologies is valued at $549.6 million, expected to close early 2026. Part of January's top IT M&A wave focusing on strategic tech enhancements.
Reflects concentrated high-value transactions in semiconductors.
US January Jobs Report Adds 130K, Exceeds Forecasts
US employers added 130,000 jobs in January, far above expectations, leading Wall Street to lower rate cut bets; Dow -0.1%, S&P flat, Nasdaq -0.2%. Data delayed but blew past forecasts, influencing global markets.
Prompts reduced Fed easing expectations.