Our Tech M&A Tracker rounds up all the mergers and acquisition activity within both the local and international technology industry this past fortnight. Send your M&A news to editors@techpartner.news
For our sister series covering local people movements, click here.
Fusion5 acquires Kordia’s managed IT business
The acquisition will see Kordia’s team of 26 managed IT experts join Fusion5 at its Auckland offices.
Backed by the investment and partnership of Anchorage Capital Partners, the move combines Entag’s enterprise-grade delivery and cloud-focused solutions with Rubicon 8’s expertise in network, security and end-point services.
First Focus buys Melbourne-based Red IT
Founder Matthew Purvis will step into an ambassador role within First Focus to strengthen client and partner relationships and support future growth and acquisition opportunities.
Hansen Technologies to acquire UK-based Digitalk
Founded in 1996 and headquartered in the UK, Digitalk provides mission-critical platforms for mobile and carrier-grade communication operators.
Iron Mountain acquires ACT Group
ACT Group comprises of ACT Logistics, ACT Networks, and Australian Computer Traders.
DoiT acquires CloudWize
DoiT, a provider of enterprise-grade FinOps and CloudOps solutions, has acquired CloudWize, a multi-cloud security posture and compliance platform.
This tech acquisition extends DoiT Cloud Intelligence beyond cloud financial management to include intelligent security posture, compliance, and automated guardrails, connecting risk, reliability, and cost into a unified, outcome-driven platform.
CloudWize technology delivers a continuous Security Graph for incident response investigations within Amazon Web Services. Its platform detects misconfigurations, compliance drift, and attack paths, and automates remediation through policy-as-code guardrails. CloudWize’s unique ability to connect security posture findings to cost impact directly aligns with DoiT Cloud Intelligence’s outcome-focused approach.
Datavault AI to buy API Media next month
Datavault AI, a company specialising in patented data tokenisation and monetisation technologies, has entered into a definitive acquisition agreement to acquire API Media in December of this year.
Datavault AI and API will enhance enterprise data activation, expand AI-powered capabilities, and drive new monetisation opportunities across global markets. The API brand will remain, and operations will be enhanced with the addition of patented capabilities and technologies developed and patented by Datavault AI.
API Media, headquartered in New Jersey, is a provider of audio and visual technologies and IT services for large sporting events and enterprise clients.
With the integration of API Media, Datavault AI gains expanded expertise in digital media operations, audience intelligence, and revenue analytics—positioning the company to capture increased market share across enterprise data, advertising, and AI-as-a-Service verticals.
NEC to acquire CSG for US$2.9b
NEC Corporation (NEC) and CSG Systems International, Inc. (CSG) have entered into a definitive agreement under which NEC will acquire CSG for US$80.70 per share in cash, for a total enterprise value of approximately US$2.9 billion, or JPY438.5 billion, including debt.
It will bring together complementary software and services across digital transformation, expanding NEC's software-as-a-service (SaaS) portfolio, customer footprint, and global reach.
Adding CSG’s SaaS product portfolio and global customer base to NEC and its subsidiary, Netcracker - which provides expertise in Business Support Systems and Operational Support Systems - aims to delivers "meaningful value" to customers through a diversified and expanded product portfolio.
The transaction will also enable NEC to deliver a more competitive offering in next-generation environments, such as global communication service providers, and to brands in sectors such as media, financial services, healthcare, retail and logistics.
The transaction is expected to close within the 2026 calendar year, subject to the satisfaction of customary closing conditions, including approval by CSG shareholders and receipt of required regulatory approvals.
Ping Identity signs agreement to acquire Keyless
Ping Identity has signed a definitive agreement to acquire Keyless, a London-based company specialising in privacy-preserving biometric authentication.
Following completion of the acquisition, Ping Identity intends to integrate Keyless' privacy-preserving biometric authentication - built to work across devices, channels, and applications -into the Ping Identity Platform to help enterprises strengthen fraud prevention and user assurance.
The addition of Keyless is expected to strengthen Ping's One Platform vision of delivering verified trust across all identities—spanning customer identity and access management (CIAM), workforce, and B2B use cases—and supporting secure, passwordless access for frontline, shared terminal, and manufacturing environments.
The transaction is subject to customary closing conditions and regulatory approvals.
CoreWeave acquires Marimo to unify the GenAI developer workflow
Cloud services provider CoreWeave has announced a definitive agreement to acquire Marimo Inc., the creator of the open-source marimo notebook, an AI-native, reactive development environment for Python, purpose-built for AI and data workloads.
The acquisition will integrate Marimo’s technology into the CoreWeave Cloud, aiming to "supercharge" Marimo’s cloud-hosted notebook offering and creating a unified developer experience that spans the entire AI lifecycle: training, inference, data movement, and continuous iteration.
The addition also strengthens CoreWeave’s vertically integrated platform, intending to allow developers to build, scale, and deploy applications faster and more efficiently.
Through this acquisition, Marimo will join CoreWeave’s ecosystem and augment CoreWeave’s existing Weights & Biases developer platform to provide the tools necessary for building, evaluating, and deploying AI applications.
The marimo notebook will remain freely available and permissively-licensed.
Terms of the acquisition are not being disclosed.
Bugcrowd acquires Mayhem Security
Crowdsourced security company Bugcrowd has acquired AI offensive security provider Mayhem Security.
Customers will gain automated, proactive protection during development through virtually noise-free testing that continuously finds, prioritises, and validates the remediation of vulnerabilities, complemented by Bugcrowd’s human-driven adversarial testing of deployed software by hackers.
Mayhem’s AI offensive platform delivers continuous security testing across APIs, code, and Software Bill of Materials (SBOM), and provides Reinforcement Learning environments for builders of foundational LLM models.
The terms of the transaction were not disclosed.




