50 tracked companies acquired or merged, by 47 different buyers. Repeat buyers: F5 (2), Check Point (2), Cisco (2).
Acquired in mid-2024 by a special purpose vehicle (SPV) formed by a group of former chief diversity officers
Acquired by Collibra (deal terms undisclosed) to automate AI governance from policy to production; trail ML now part of Collibra, announced October 2026
Acquired by Beacon (a holding company operating 45 "Main Street" software businesses) to bring AI red-teaming/eval capabilities across its portfolio, announced September 2026
Acquired by Harvey (legal AI), announced alongside Harvey's $550M raise at a $15.6B valuation, September 2026
Acquired by Dynatrace for ~$915M, announced August 2026