acquisition

According to Bloomberg, informed sources revealed that semiconductor company Marvell is in deep negotiations to acquire data center optical communication equipment manufacturer Lumentum, with the deal possibly being announced as early as next week. Currently, the two parties have not reached a final agreement, and details and timing may still change.Lumentum currently has a market value of approximately $83 billion, while Marvell's market value is about $221 billion. Following the news, Marvell's stock fell about 8% in after-hours trading, while Lumentum's stock rose about 17%. Earlier this year, Nvidia invested $2 billion in Lumentum.

Sources say that the U.S. Department of Justice is reviewing NVIDIA's acquisition of the artificial intelligence platform Hugging Face.

According to TNW, Anthropic announced the acquisition of Mithril Medicine in a blog post on Tuesday.This company has only one employee and is developing therapies for two rare muscular dystrophies. The terms of the deal were not disclosed, and founder Cody Tranbarger has joined Anthropic.

According to market news, Intel (INTC.O) will acquire the quantum startup Classiq for approximately $2.3 billion.

According to a report by Reuters, the American AI hardware startup Unconventional AI announced the acquisition of the Israeli AI chip company NeuReality through a combination of cash and stock, with the transaction amount not yet disclosed.Unconventional AI completed a $475 million financing round last December, at which time the company's valuation reached $4.5 billion. The company is dedicated to developing energy-efficient AI chips inspired by biological systems and is using AI tools to accelerate the research and development process. It has completed its first test chip, and the second one is also nearing completion.

S&P Global (NYSE: SPGI) announced that it has completed the acquisition of the on-chain financial security standards provider OpenZeppelin. The transaction was first announced on September 17, and the financial terms were not disclosed, with no significant impact expected on S&P Global's financial performance.OpenZeppelin was founded in 2015 and has completed over 900 security service projects, identifying more than 10,000 vulnerabilities before product launches. Its open-source smart contract library, OpenZeppelin Contracts, supports a value transfer scale of over $38 trillion, covering various mainstream stablecoins and tokenized funds.This acquisition will expand S&P Global's risk assessment capabilities to the on-chain technology risk layer, with both parties planning to jointly develop a new generation of on-chain security assessments and benchmarks. After the acquisition, OpenZeppelin will continue to operate as an independent business unit under its original brand, with founder Demian Brener remaining as the head and reporting to S&P Global Ratings President Yann Le Pallec. OpenZeppelin Contracts will continue to be open-source, free, and publicly maintained.

ether.fi announced the acquisition of the cryptocurrency wallet Zeal Wallet. Zeal users can currently migrate directly within the Zeal app to ether.fi.After the migration, users can utilize the lending, yield, stock, and gold trading services provided by ether.fi. This announcement has not yet disclosed the specific acquisition amount and transaction terms.

The prediction market operator Underdog has partnered with the cryptocurrency infrastructure provider zerohash, planning to support cryptocurrency and stablecoin deposits later this year. Eligible users can directly deposit supported digital assets through the Underdog app, with services supporting near-instant transfers around the clock. Underdog has not yet announced the specific cryptocurrencies or stablecoins that will be supported.The new deposit method will complement debit cards, credit cards, Apple Pay, and bank transfers, allowing users to avoid managing wallet addresses or selecting blockchain networks. Underdog was established in 2020 and currently has over 11 million registered accounts. IG Group has agreed to acquire the company for up to $1.3 billion, with the transaction expected to be completed by the end of 2026 or early 2027. As of October 21, Underdog's trading volume over the past 30 days was $1.4 billion, an increase of 133% compared to the previous period.

According to The Block, in response to market rumors about Visa possibly acquiring the cryptocurrency custody company Fireblocks, a spokesperson for Fireblocks stated, "We have noted the rumors regarding Visa potentially acquiring Fireblocks. This is the first time we have heard of this matter, and it does not appear to be true at this time."

According to official news, the parent company of the Web3 payment integrated application Gold House has signed an agreement to acquire the Canadian MSB company THREESTONES VENTURES LTD. This transaction is currently entering the subsequent phase of the acquisition process.It is reported that this proposed acquisition is a strategic move by Gold House to expand its digital asset business, fiat-to-cryptocurrency capabilities, and cross-border payment infrastructure, aiming to further strengthen its Web3 payment ecosystem and connect digital assets with traditional financial services.Upon completion of the acquisition, Gold House plans to leverage the regulatory registration and operational capabilities of the acquired entity (subject to applicable regulatory requirements) to explore new opportunities in digital asset payments, merchant services, and cross-border settlements. As a Web3 ecosystem that integrates social networking, digital asset management, and payments, Gold House is committed to connecting digital assets with real-world commerce and expanding access to seamless, diverse payment solutions.

According to Axios, Visa is in talks to acquire the cryptocurrency asset custody infrastructure company Fireblocks, with a deal valuation of approximately $2.5 billion. If the deal is finalized, it will further expand Visa's presence in the digital asset custody and blockchain payment infrastructure sectors.Currently, this news is pending further confirmation, and the specific terms and progress of the acquisition negotiations have not been disclosed.

According to The Block, Standard Chartered has signed a final agreement to acquire 100% of the equity of the cryptocurrency custody institution Zodia Custody, with the transaction pending regulatory approval.Under the arrangement, Zodia Custody's custody business will be integrated into Standard Chartered, while its software business will be transferred to an independent company supported by Standard Chartered's venture capital division, SC Ventures.

According to official news from Bitget, the platform announced the acquisition of the digital asset exchange and brokerage GMO-Z.com Cryptonomics (Thailand) Co., Ltd., headquartered in Bangkok. This acquisition involves the complete shares of the target company held by GMO Internet and its related subsidiaries.GMO-Z.com Cryptonomics (Thailand) holds licenses for digital asset exchange and brokerage business in Thailand. This acquisition will leverage its existing compliance foundation and local market experience to strengthen Bitget's localized operational capabilities in Thailand and further improve the strategic layout in the Southeast Asian market.Bitget CEO Gracy Chen stated that Thailand is an important digital asset market in Southeast Asia, and this acquisition will help Bitget establish a localized operational system, gradually expanding its global trading service capabilities in the Thai market while complying with local regulatory requirements.

According to Bloomberg, citing informed sources, SoftBank is considering acquiring Allied Universal, the largest security services company in the United States, with a potential equity valuation of up to $18 billion. The company also has about $12 billion in publicly traded loans and bonds, and including related debts, the total transaction value could approach $30 billion.Masayoshi Son is exploring the application of AI robots across various industries. The report indicates that SoftBank hopes to have robots undertake some security tasks for Allied in the future, but the deployment of humanoid security robots may take longer. Relevant discussions are still in the early stages, and matters including pricing have not been finalized.

The decentralized social network Farcaster has changed ownership for the second time this year. Network School, led by Balaji Srinivasan, has acquired Farcaster from Neynar, with the transaction amount not disclosed. Neynar co-founder Rish stated on Thursday that after considering multiple acquisition offers, the company decided to transfer the "Farcaster application, protocol codebase, and related products" to Network School, citing that Farcaster needs a different operational model in the next phase. Rish and another co-founder, Manan, will leave, while the remaining Neynar employees will join Network School to continue developing Farcaster.Neynar acquired the platform from Farcaster's original developer, Merkle Manufactory, in January this year, and the deal also included the token issuance platform Clanker. Rish's announcement did not mention the fate of Clanker, but GM Farcaster host Adrienne and NourishProf mentioned during a live broadcast on Thursday that Rish is considering splitting Clanker and seeking other buyers for it. Meanwhile, an in-app announcement indicates that Farcaster will be renamed "Network Nation Protocol," aiming to build a network composed of a voluntarily joined digital society, ultimately landing in the physical world.Users must choose to accept or reject a "social smart contract," with acceptors receiving an on-chain access NFT as proof.

According to the official blog of Polygon, Polygon Labs announced the completion of its acquisition of Coinme, and its payment infrastructure product Polygon Open Money Stack (OMS) has officially become a payment platform regulated by the United States.Currently, the platform covers 48 states in the U.S., holds 37 state-level money transfer licenses and 11 exemptions, and has registered as a money services business with FinCEN.

According to the Financial Times, Kraken will acquire Saldo Bank, which is regulated by the European Union, with the transaction expected to be completed in 2027.

On October 13, the cryptocurrency payment platform Mesh announced the acquisition of exchange connectivity technology developer Bluvo to accelerate the construction of its global payment network. Bluvo co-founders Florian Sabani and Luca Dalla Chiara have joined Mesh as Senior Software Engineer and Head of Exchange Partnerships, respectively. The acquisition price and transaction terms were not disclosed in the announcement.Mesh CEO and co-founder Bam Azizi stated that the next phase of finance should allow user funds to flow on demand, without having to consider the starting chain, exchanges, wallets, or currencies. Mesh has spent six years building this network and hopes to become the relevant standard. He believes that Sabani and Dalla Chiara see the same direction, which is why they chose to build together rather than proceed in parallel.Dalla Chiara mentioned that they have been dealing with connectivity issues from the exchange side for many years, and the related opportunities are greater than any single integration. Mesh already has scalable coverage, which will allow for faster progress after the merger. Sabani stated that with over 300 integrations, the challenge is not to connect once but to maintain reliability each time, with the goal of higher availability and lower complexity. Mesh was founded in 2020 and claims to have connected over 300 exchanges and wallets through a single integration.

On October 13, 2026, dating app Bumble Inc. (NASDAQ: BMBL) announced that it has reached a definitive agreement to be acquired by Ithaca Holdings, a holding company with a long-term investment in technology businesses, in an all-cash transaction valued at $1.3 billion. Common stockholders will receive $6.05 in cash for each share of Class A common stock, representing a premium of approximately 138% over the unaffected closing price on October 9, 2026, and a premium of approximately 119% over the volume-weighted average price as of that date.The special committee, with the assistance of independent legal and financial advisors, determined that the transaction is in the best interests of common stockholders and recommended that the board approve it. The board unanimously approved the transaction, with founder Whitney Wolfe Herd recusing herself from the deliberation and vote. A Blackstone affiliate and Wolfe Herd subsequently provided written consent to approve the transaction, constituting the required shareholder approval; shareholders will receive an information statement in accordance with Delaware law and federal securities laws.Upon completion, Ithaca co-CEOs Ravi Gupta and John Hegeman will serve as co-CEOs of Bumble and will work alongside Wolfe Herd. Bumble will be privatized, with offices in London, Austin, and New York City, and is expected to remain based in Austin. The company plans to file its third quarter Form 10-Q with the U.S. Securities and Exchange Commission by November 9, 2026, and will not issue an earnings press release or hold a conference call due to the transaction.

According to The Information, OpenAI is in preliminary talks to acquire the security startup Trail of Bits.