The 10 Biggest Tech M&A Deals In 2026 (So Far)

Major IT companies and solution providers looking to expand their technology portfolios—with AI frequently a driving factor—account for many of the biggest acquisitions this year. Here’s a look at the biggest tech industry mergers and acquisitions that have been announced, completed or are still in the works in 2026 (so far).

The Big Get Bigger

AI technology—and agentic AI in particular—continues to reshape just about every facet of the IT industry. And that’s especially true for many of the biggest merger and acquisition deals that have either been announced or completed so far in 2026.

The first eight months of this year have seen the completion of a number of multi-billion-dollar acquisition deals that were initially announced in 2025 including Google’s purchase of cloud security startup Wiz, Palo Alto Networks’ acquisition of identity security leader CyberArk, and IBM’s purchase of real-time data processing innovator Confluent.

But a number of big-ticket acquisition deals have also been struck this year, including Nvidia’s bid to buy open model repository developer Hugging Face for $12.9 billion.

There have been, of course, many more acquisitions this year (so far) beyond this top 10 list. They may not have humongous price tags, but for the players involved they provide high stakes moves to broaden the capabilities of their product portfolios and even expand into new technology areas — often with AI a major driver.

Veeam, for example, bought Object First, a developer of data protection appliances for Veeam environments, allowing Veeam to offer a pre-integrated, easy-to-deploy system. NetApp acquired DataPelago, a universal data processing tech developer, in a move to add accelerated data processing capabilities to its storage portfolio. And Amazon Web Services bought DuckLabs, the company behind the popular DuckDB analytical database, in a bid to expand the cloud giant’s data analytics offerings.

While some of the biggest mergers and acquisitions this year (so far) are in the cybersecurity space, there have been dozens more – often cases of bigger players acquiring smaller companies or startups with unique technology the acquiring companies need to bolster their security offerings.

A few examples include Okta’s deal to buy Permiso Security for identity threat detection, Cisco’s move to acquire Astrix and its identity security technology for AI agents, Arctic Wolf’s bid to acquire exposure management tech developer Sevco, and Cyera’s deals to buy data security provider Ryft and “non-human” identity security provider Oasis Security.

CrowdStrike wrapped up its acquisitions of SGNL and Seraphic Security in February. That same month Proofpoint bought AI security and governance startup Acuvity, Sophos acquired Arco Cyber, Zscaler bought browser security company SquareX, and Check Point Software Technologies acquired Cyata, Cyclops Security and Rotate.

The channel itself has also been active on the M&A front. New York-based MSP and solution provider Net at Work has continued the stream of acquisitions it began last year with six additional acquisitions (so far) this year.

Computacenter struck a deal in May to buy GAI (Government Acquisitions Inc.), gaining a foothold in the U.S. federal government IT sector. That same month Harbor IT announced an agreement to buy ComTech Computer Services. And DoiT bought AI financial operations startup Attribute in July.

While dollar value is certainly a factor in the following ranking, some mergers and acquisitions have a greater impact on the IT industry in general—and the channel in particular—and that figures into the rankings. In many cases, including some that make this list, the value of the acquisition is not disclosed.

Here’s a look at the IT industry’s biggest acquisition deals in 2026 (so far), starting with No. 10 and working up to No. 1.

No. 10: SAP Boosts Data Management Capabilities With Reltio, Dremio Acquisitions

SAP has made a pair of acquisitions in 2026 that expand the capabilities of the software giant’s SAP Business Data Cloud to manage the rapidly growing volumes of data generated by SAP and third-party applications and AI systems.

On March 30, SAP said it had struck a deal to buy Reltio and its master data management platform. The acquisition closed May 7.

The purchase price was not disclosed, but industry analysts put the price tag at around $1.8 billion given that Reltio’s last public valuation in a 2021 funding round was $1.7 billion and in February of this year the company said its annual recurring revenue (ARR) was $185 million.

SAP said Reltio’s technology would become a core component of its SAP Business Data Cloud, the company’s software-as-a-service data platform used to connect and govern enterprise data. The company said Reltio’s capabilities would make it easier for customers to unify and prepare data for business analytics and AI tasks, including agentic AI.

On May 4, SAP confirmed a deal to buy Dremio and its data lakehouse platform. Dremio’s system is built on a number of Apache Software Foundation open-source technologies including the Apache Arrow distributed SQL query engine, the Apache Iceberg table format, and the Apache Polaris data catalog.

The acquisition closed July 6. The purchase price was not disclosed, but Dremio’s value was put at $2 billion during a 2022 funding round.

SAP said that with the addition of Dremio the SAP Business Data Cloud would become an Apache Iceberg-native enterprise lakehouse that can unify SAP and non-SAP data to power real-time analytics and agentic AI at scale.

At the same time of the Dremio deal, SAP acquired Prior Labs, an AI foundational model specialist. SAP stated its intention to use the acquisition to establish an AI research lab focused on developing tabular foundation models.

No. 9: Snowflake Adds Observability Functionality To Its Platform With Observe Acquisition

AI data cloud giant Snowflake started off 2026 with news of a definitive agreement to buy Observe, developer of an AI-powered observability platform capable of storing, managing and analyzing massive volumes of enterprise telemetry data.

Snowflake has integrated the Observe technology with the Snowflake AI Data Cloud, providing customers with proactive, centrally managed, enterprise-wide observability capabilities for SRE (site reliability engineering) tasks.

At the time of the acquisition, Observe said its developer-friendly approach complemented Snowflake’s existing workload engines by providing teams with real-time enterprise context, faster root-cause analysis and AI-assisted troubleshooting workflows.

The acquisition was completed on Feb. 2 with a price tag of $640 million, paid in a combination of cash and Snowflake stock.

Observability has been a hot technology area in 2026. In August Dynatrace, one of the leading observability platform companies, acquired Arize, a startup developer of observability technology specifically for monitoring and evaluating large language model applications and autonomous AI agents. In April, Cisco Systems struck a deal to buy AI observability specialist Galileo Technologies to expand its Splunk Observability Platform.

No. 8: Salesforce Buying Fin In $3.6B Deal To Enhance Agentforce AI

On June 15, cloud software giant Salesforce announced a plan to acquire Fin, an AI-based customer service and operations software developer, for approximately $3.6 billion.

Fin develops AI agent software that addresses complex customer queries across live chats, email, WhatsApp, SMS, phone, Slack and other channels. The agent is powered by Fin’s proprietary Apex AI model. Salesforce plans to leverage the Fin technology to complement its Agentforce agent customization platform.

Salesforce expects to close the Fin acquisition by the end of its fiscal year, which closes Jan. 31, 2027.

News of the Fin acquisition came on the heels of Salesforce announcements of its plans to buy M3ter, developer of a consumption-based monetization platform, and Contentful, a digital experiences platform provider.

No. 7: Myriad360 Acquires Advizex Creating Nvidia AI Platform Powerhouse

In one of the most significant acquisition deals in the channel this year, Myriad360, a fast-growing Nvidia InfiniBand partner, acquired AI infrastructure player Advizex in a move that creates a new Nvidia platform powerhouse.

The acquisition, announced in February, combines Myriad360’s networking prowess as a top HPE Juniper and Cisco AI networking partner with the AI infrastructure muscle of Advizex, a Dell Titanium partner and leader in the as-a-service market with Dell Apex and HPE GreenLake.

“This is all about growth for us,” Myriad360 CEO Jay Miley said in an interview with CRN. “We were only serving part of the market. We were only addressing part of the technology stack. Advizex’s business really just filled out the technology stack for us in a really, really complementary way that was too compelling not to figure out how to get a deal done.”

Myriad360 was No. 85 on the CRN Solution Provider 500 while Advizex was No. 144.

In August, Myriad360 acquired key assets of healthcare solution provider F3 Technology Partners, a move that expanded Myriad360’s presence in the healthcare space and boosted its annual revenue to $1.2 billion.

No. 6: Lenovo Becomes Major Data Storage Player With Infinidat Acquisition

On April 9, Lenovo completed its acquisition of Israeli storage technology company Infinidat in a move that immediately boosted the company’s position in the global data storage market.

Lenovo did not disclose the cost of the acquisition deal, originally announced in January 2025. Analysts put the price tag at anywhere between $500 million and $1.5 billion. This, however, was a deal where the price tag was of secondary importance.

Lenovo competes fiercely against rivals HPE and Dell Technologies in the data center infrastructure space. But Lenovo’s storage offerings, largely focused on the midrange market and down, couldn’t compete against the comprehensive lines of high-performance data storage systems HPE and Dell provided for mission-critical applications.

Acquiring Infinidat provides Lenovo with one of the storage industry’s highest performing storage technologies and a product line aimed at making data readily available for use in AI workloads.

In addition to buying Infinidat, in April Lenovo acquired Phoenix Technologies’ firmware BIOS business, its intellectual property and its expertise to strengthen its control and engineering capabilities across its PC portfolio.

No. 5: ServiceNow Completes $7.75B Armis Acquisition

On April 20 ServiceNow completed its $7.75 billion acquisition of Armis, a developer of cyber exposure management technology, in a move that ServiceNow said would boost its “security workflow offerings and advance AI-native proactive cybersecurity and vulnerability response across all connected devices.”

The acquisition, first announced Dec. 23, 2025, allows ServiceNow to create “a unified, end-to-end security exposure and operations stack” that the workflow automation tech giant said connects “real-time cyber asset discovery, threat intelligence, and risk prioritization with automated remediation and response workflows.”

In an interview with CRN published in May, Amit Zavery, ServiceNow president, COO and chief product officer, said the addition of the Armis vulnerability and exposure management capabilities to ServiceNow’s platform provided a boost for the company’s expansion into security for IT and operational technology (OT) environments, Internet of things, medical devices, critical infrastructure, software code and cloud.

Zavery also said the acquisition created huge opportunities for partners around cyber resilience.

On March 2, meanwhile, ServiceNow wrapped up its approximately $1.2 billion purchase of startup Veza, a deal first announced in early December 2025.

Veza’s technology helps organizations improve security around access permissions and privileges across SaaS, data platforms, cloud and on-premises environments. ServiceNow is integrating that technology with its AI Control Tower and with agentic workflows.

No. 4: IBM Completes Confluent Acquisition With $11 Billion Price Tag

IBM wrapped up its $11 billion acquisition of real-time data platform developer Confluent on March 17.

IBM said the combination of the Confluent platform and its own technology portfolio creates a “smart data platform” that “gives every AI model, agent and automated workflow the real-time, trusted data needed to operate across on-premises and hybrid cloud environments at scale.”

IBM and Confluent initially announced the acquisition deal on Dec. 8, 2025.

Confluent’s software is used by more than 6,500 businesses and organizations, including 40 percent of the Fortune 500, for real-time, streaming data processing tasks.

IBM said those capabilities are increasingly in demand as enterprise AI initiatives move from experimentation to production and the need for “clean, governed and continuously refreshed data – delivered at the speed and scale AI demands” is critical.

The two companies also announced “immediate integrations” between Confluent’s technology and IBM’s product portfolio that provide significant product synergies. Confluent, for example, can stream live data into watsonx.data, IBM’s hybrid-cloud data lakehouse platform, to provide data for AI models, agents and workflows with data lineage, policy enforcement and quality controls.

No. 3: Nvidia’s $12.9 Billion Deal To Buy Hugging Face

On Aug. 31 AI infrastructure giant Nvidia shook up the AI arena when it announced a deal to buy open model repository developer Hugging Face for $12.9 billion.

Nvidia CEO Jensen Huang framed the acquisition as a way to expand the benefits of AI to a broader constituency of customers.

“That is how AI can advance safely, strengthen cybersecurity and sovereignty, accelerate innovation, and reach factories, hospitals, farms, classrooms and Main Street businesses around the world,” he wrote in a blog post.

In announcing the agreement Nvidia vowed to invest in Hugging Face’s continued expansion and maintain its status as an open platform that can support any hardware, including those of Nvidia’s competitors.

Channel partners told CRN that the acquisition could help solution providers boost AI infrastructure sales because the steep costs of closed frontier models from OpenAI and other companies are spurring customers to consider open models as an alternative.

The acquisition is expected to be completed sometime in the first half of 2027, pending regulatory approvals.

No. 2: Palo Alto Networks Completes $25B CyberArk Acquisition

On Feb. 11, Palo Alto Networks completed its acquisition of identity security powerhouse CyberArk with a price tag of $25 billion. The deal, the largest in Palo Alto Networks’ history, was initially announced in July 2025.

With the blockbuster deal, Palo Alto Networks aimed to fill a gap in the company’s broad cybersecurity platform. With CyberArk, Palo Alto Networks now has an offering in nearly every major category in modern cybersecurity, company executives said at the time.

Crucially, the CyberArk acquisition helps position Palo Alto Networks at the center of organizations’ efforts to provide security for agentic AI, including addressing needs around securing identities and privileges for agentic applications.

The CyberArk system remains available as a stand-alone offering while its capabilities are also being integrated across the Palo Alto Networks portfolio.

This wasn’t Palo Alto Networks’ only major acquisition this year. In January it closed its acquisition of next-generation observability technology provider Chronosphere, a deal that carried a $3.3 billion price tag — which by itself could be big enough to make this year’s list.

With the acquisition deal, first announced in November 2025, Chronosphere’s observability technology will be integrated with Palo Alto Networks’ agentic security platform.

In February, Palo Alto Networks announced a deal to acquire agentic endpoint security startup Koi and in April the company said it would buy AI gateway startup Portkey.

No. 1: Google Completes $32B Wiz Acquisition

On March 11, Google announced that it had closed its $32 billion acquisition of cloud cybersecurity startup Wiz and brought the company into the Google Cloud fold. The deal was the biggest in Google’s history and a record amount for a cybersecurity acquisition.

Google Cloud and Wiz are now at work creating a unified security platform that will improve the speed through which organizations can detect, prevent, and respond to increasingly sophisticated threats in an AI world. At the time of the acquisition Google Cloud CEO Thomas Kurian said the acquisition would help “make security a catalyst for innovation, not a barrier.”

The acquisition deal had been in the works for almost one year after the two companies announced the definitive acquisition agreement on March 18, 2025. (The two were reportedly discussing a possible deal as far back as the summer of 2024.)

The two companies then spent much of the next year working through the necessary regulatory approvals, including getting the green light from the U.S. Department of Justice and the U.S. Federal Trade Commission. The European Union, which held up the megadeal for a time in late 2025 citing possible antitrust and anti-competition issues, finally approved the acquisition on February 10.

Once the acquisition was done, Google and Wiz wasted no time laying out an ambitious roadmap to win more global cybersecurity market share and take AI security innovation to a new level. Those plans include integrating Wiz with Google’s Gemini AI technology and maintaining Wiz support for AWS and Microsoft cloud platforms.

In April, Sundar Pichai, CEO of both Google and its Alphabet parent company, said during an earnings call that “the performance of Wiz so far has exceeded our expectations” as Google combined Wiz with its threat intelligence capabilities, security operations and AI models.

At Google Cloud Next 2026 the Wiz platform added support for Databricks and support for a number of agent studios including AWS Agentcore, Gemini Enterprise Agent Platform, Microsoft Azure Copilot Studio and Salesforce Agentforce. Wiz also launched a new security technology for securing AI-native development.