ON Semiconductor is acquiring Synaptics for nearly $7 billion in its largest-ever deal, accelerating its strategy in physical AI and edge computing.

Google LLC has officially closed its $32 billion acquisition of Wiz, the leading cloud and AI security platform, which will join Google Cloud while maintaining its multi-cloud commitment.

Cloud software stocks plunge as AI agents threaten traditional software stack, prompting private equity to identify acquisition targets among vulnerable mid-sized software companies.