Cohere to acquire Germany’s Aleph Alpha in sovereign AI play
Combined company will bear Cohere name with Aidan Gomez leading as CEO.
Acquisitions
OpenTable gobbles up Canadian market share with Libro acquisition
Montréal restaurant reservation startup to continue as standalone brand.
Credo paid $92 million USD in cash to acquire Hyperlume, SEC filing reveals
With Hyperlume’s team and tech, Credo aims to deliver the AI infrastructure of the future.
Cohere exec pledges AI firm will stay Canadian-headquartered amid merger reports
Remarks come as Cohere reportedly explores combining with a German enterprise AI peer.
AppDirect acquires PartnerStack for upwards of $150 million USD
Acquisition secures “missing piece” to build a unified platform for partner-led growth.
Motorola acquires AI-based 911 call screening startup Hyper
Deal comes less than a year after Hyper exited stealth.
Blackline Safety to go private in $850-million deal
US-based Francisco Partners to lead privatization of TSX-listed industrial safety tech firm.
Repay will buy billing platform Kubra for $372 million USD
Combined company expected to process $130 billion in annual payment volume.
Novisto acquires UK-based Minimum to build “all-in-one” ESG platform
Montréal company to integrate Minimum’s carbon accounting tech and grow European footprint.
Miraterra announces $16 million to advance its soil measurement tech
Terramera subsidiary looks to build on its recent Trace Genomics acquisition with seed extension.
Tailscale makes first acquisition with Border0 purchase
Corporate VPN startup will expand Vancouver footprint as it absorbs entire Border0 team.
RBC acquires Pinch Financial to streamline its mortgage process
Pinch reportedly to operate independently and continue serving non-RBC clients post-merger.
Walter acquired by Legora as legaltech sector consolidation continues
Walter team will join Swedish giant to rebuild company’s core technology into Legora’s platform.
Kraken dives deeper into defence with $615-million Covelya Group acquisition
Acquisition would create a larger subsea player spanning defence and commercial markets.
Court filings reveal Sheertex maker’s steep losses ahead of insolvency
While tariffs helped bring the apparel innovator down, SRTX was already struggling to scale.