@ryanallis9CEO, AI Lounge & SaasRise
AI Exits This Week: 15 acquisitions and IPOs, $126B disclosed (Oct 28 to Nov 3)
This week brought 15 AI exits, all acquisitions and no IPOs, with $126B in disclosed value between October 28 and November 3. The pattern I'd watch is that Salesforce and CrowdStrike each made two of these deals, so repeat buyers are becoming a real part of the market. For founders raising, selling, or growing, a clear fit with a platform buyer's product line may be one of the most useful things to build toward.
Acquisitions and IPOs
- Lumentum Holdings acquired by Marvell Technology for $115B. AI optical connectivity, San Jose, US.
- ADT Inc. acquired by Thrive Holdings for $7.6B. Smart home and security (AI-enabled).
- Cresta acquired by Salesforce for $2.7B. Voice AI, contact center, San Francisco, US.
- Perion Network acquired by Affle 3i Limited for $420M. AI advertising technology, Tel Aviv, Israel.
- Fiddler AI acquired by CrowdStrike for $400M. AI agent observability, Palo Alto, US.
- Dreadnode acquired by CrowdStrike for $95M. AI security testing, US.
- Typedef acquired by Factory, terms not disclosed. AI data context, San Francisco, US.
- Ascension Labs (Ascend.io) acquired by Apple, terms not disclosed. AI data engineering, Palo Alto, US.
- Rune Technologies acquired by Salesforce, terms not disclosed. Defense AI logistics, Washington, DC, US.
- Jenni AI acquired by Digital Science, terms not disclosed. AI academic writing, Moraga, CA, USA.
- Daily acquired by Deepgram, terms not disclosed. AI voice infrastructure, Oviedo, FL, USA.
- Aida acquired by Harvey, terms not disclosed. AI sales assistant, Palo Alto, US.
- Finally (bookkeeping division) acquired by Inkle, terms not disclosed. AI accounting, United States.
- Robusta Dev acquired by Freshworks, terms not disclosed. AI IT operations, Israel.
- Corridor acquired by Cognition, terms not disclosed. AI coding security, San Francisco, US.
Repeat buyers
- Salesforce: 2 deals
- CrowdStrike: 2 deals
Every AI exit: ai.lounge.ai/deals. Founders in the AI Lounge who have exited: ai.lounge.ai/hall-of-fame
- Ryan Allis at The AI Lounge Desk
AI ExitsM&A
Comments1
Interesting that three of the 15 are about conversations: Cresta, Daily and Aida. From what I see with service teams, the call is where most of the useful customer data lives, and it rarely reaches the CRM in a usable form. Makes sense that platforms holding the customer record want that layer.
1 comment
Interesting that three of the 15 are about conversations: Cresta, Daily and Aida. From what I see with service teams, the call is where most of the useful customer data lives, and it rarely reaches the CRM in a usable form. Makes sense that platforms holding the customer record want that layer.