Software Acquisition

Fifth Third, Priority and CSI deals put a premium on payments built into software

Three summer deals point to fintech buyers paying for payments already wired into property, government and banking software, not raw processing volume.

Bending Spoons acquires Airtable at 2.7x ARR, an 89% collapse from its 2021 peak valuation

Bending Spoons is buying Airtable at a $1.29B enterprise value, a fraction of its $11.7B 2021 peak, sending a sharp signal to B2B SaaS operators.

Enterprise AI's ROI reckoning: budget discipline, open-weight models, and industrial acquisitions are reshaping how operators deploy

Three forces are converging in enterprise AI: tighter spending controls, cheap open-weight models, and multibillion-dollar industrial deals.

Progress Software acquires Domo's AI and data platform for $400 million

Progress Software is paying $400M for Domo's AI and data platform, adding 2,400+ enterprise customers and an agentic analytics layer to its AI infrastructure st

Adobe is building an AI content empire through Firefly Foundry, Topaz Labs, and a string of capability acquisitions

Adobe is expanding its enterprise AI stack with Firefly Foundry, the Topaz Labs acquisition, and custom model tools aimed at brand consistency at scale.

SAP is redeploying workers and cutting travel costs to fund an all-in AI push

SAP is tightening hiring and travel budgets to redirect capital toward AI, completing the Dremio and Prior Labs acquisitions as it builds a unified data-to-AI platform.

Databricks signs term sheet for $3 billion round at $188 billion valuation, led by Coatue

Databricks signed a term sheet for a $3B Coatue-led round at $188B, up 40% from a $134B valuation just months ago, to fund acquisitions and AI platform expansio

Genesys acquires Pinkfish to accelerate agentic AI in contact centers

Genesys buys Pinkfish to fast-track AI agent deployments, while Couchbase and MongoDB each roll out new tools aimed at closing key gaps in enterprise AI.

Enterprise AI moves from pilot to production in 2026, but gaps in governance and talent persist

Two major 2026 AI surveys show enterprise adoption accelerating fast, while governance, talent, and operational readiness struggle to keep pace.