Another holiday-shortened trading week begins today, and the Vanguard S&P 500 ETF ( NYSEMKT: VOO) is feeling the Christmas spirit. The ETF opened up 0.6% Monday. Helping to fuel the rally is again Nvidia ( Nasdaq: NVDA), which plans to begin shipments of its H200 AI chip to China in February. Initial orders are said to total anywhere from 40,000 to 80,000 H200 chips.
Advertising giants like Publicis, WPP, and Omnicom aren't the only companies deploying roll-up strategies and shaking up influencer marketing. Humanz, an Israeli influencer marketing platform that expanded to the US in 2024, is going "full acquisition mode" through 2026, CEO Liran Liberman said in an interview. The company exclusively told Business Insider that it recently raised $15 million from an undisclosed group of venture capital investors to fuel several M&A deals.
As the AI trade gets overheated and calls for some sort of bursting of the AI bubble grow louder, it might make sense to look to opportunities to be had within other sectors. Undoubtedly, the AI-fuelled tech boom may very well continue for another year or more, as the firms strive to be among the first to achieve some form of artificial general intelligence (AGI). Still, there's no denying that the stakes are higher, along with valuations.
Banks need elite talent to tackle what's expected to be a busy 2026, forcing them to compete for top dealmakers amid one of the strongest M&A backdrops in years. The industry "will probably have the second biggest year in history," Goldman Sachs CFO Denis Coleman said on Tuesday at a financial industry conference hosted by the firm, noting that the bank has already advised on activity "north of a trillion dollars" this year.
Let's make a deal The news marks Cadent's third acquisition and fourth M&A deal in as many as three years. In 2023, the company bought EMX's SSP technology in a bankruptcy auction, just a few months before getting itself acquired by private equity firm Novacap for $600 million. Last year, Cadent also spent $324 million acquiring AdTheorent, a performance-based DSP that represented a further push on Cadent's part to become a more omnichannel marketing company.
I was asked about this in the wake of Salesforce's recently completed $8 billion acquisition of Informatica. In part, I believe that people are paying attention because deal-making is up in 2025. M&A volume reached $2.2 trillion in the first half of the year, a 27% increase compared to a year ago, according to JP Morgan. Notably, 72% of that volume involved deals greater than $1 billion.
ServiceNow confirms earlier reports in the media that it wanted to acquire Veza. Veza is an American specialist in identity security. ServiceNow has announced the proposed deal without disclosing any financial details. American media report that, according to sources, the value could exceed $1 billion. With this acquisition, ServiceNow is focusing explicitly on identity security, an area that cybersecurity experts say is playing an increasingly central role in data breaches.
One of the largest deals ever for a stablecoin startup has fallen through. Coinbase has called off acquisition talks with the U.K.-based BVNK, a spokesperson for the crypto exchange confirmed to Fortune. It wasn't immediately clear why Coinbase iced the deal, which had gotten as far as the due diligence process and seen the crypto giant and BVNK enter into exclusivity in October, meaning the startup couldn't entertain offers from other bidders.
As global connectivity gets more pervasive and vehicles become ever-more connected, the fleet management industry has entered a rapid phase of digitisation, and the marketplace in North America is set for a steady upturn over the course of the short-term future, driven by growth strategies based on M&A activity and high-paced organic growth, according to a study from Berg Insight.
In June, SAP made a $4.5 billion (€3.9 billion) bid for accounting platform BlackLine, but was rejected. The German software vendor may make a new bid. This is according to Reuters, based on sources. BlackLine provides cloud software that automates complex accounting processes for finance departments. The tools replace traditional spreadsheets and reduce errors. The company is of interest to SAP because of its existing collaboration. SAP sells BlackLine solutions to its customers, accounting for nearly 30 percent of BlackLine's annual revenue.
The $55 billion sale of Electronic Arts to Saudi Arabia's Public Investment Fund and a group of other private equity investors is a big deal. Some people are going to make a lot of money off it. Others may lose their jobs when the interest bill for the debt-financed portion of the leveraged buyout comes due. CEO Andrew Wilson, who will remain in charge of the Madden and Battlefield publisher even after the sale closes, is thanking his employees.
But here's the nuance: It's not that you can't proactively sell your startup. It's that acquisitions driven by an acquirer's initial interest usually yield better outcomes, given your situation and the state of the market. Our process started with inbound interest from a few companies looking to buy Kraftful for strategic reasons. To ensure the best deal, I also connected directly with CEOs, CTOs, and chief product officers at 25+ companies, leading to serious conversations with more than 10 companies.
"There are some companies that are obviously richly-valued," Kurtz told Fortune. "I think some of these companies don't realize that they are starting to move into zombieland: You look at their last round valuation, and it might be great for them, but it's expensive and it's necessarily actionable for a lot of companies, even ours." To be sure, there have been a couple of notable big-ticket acquisitions in cyber lately: Palo Alto Networks' $25 billion acquisition of CyberArk and Google's proposed $32 billion acquisition of Wiz.
Choosing the right M&A company in Dubai shapes the success of mergers, acquisitions, or business sales, leveraging the city's financial sector and strategic location.
HPE's $14 billion acquisition of Juniper Networks faces renewed scrutiny as a federal judge may review its public interest due to conspiracy theories and political objections.
