2025 has been a dynamic year for telecom and tech M&A activity, with companies racing to consolidate assets, expand fiber infrastructure, and gain competitive advantages in AI, cloud, and cybersecurity. From multi-billion-dollar deals to strategic niche acquisitions, this tracker highlights the most notable mergers and acquisitions shaping the industry this year.
May 2025 Telecom and Tech M&A Highlights: Fiber, Security, and Scale
| Date | Company(ies) | Expanded Deal Summary | Link |
|---|---|---|---|
| May 28, 2025 | IBM & DataStax | IBM announced plans to acquire DataStax to enhance its Watson AI platform. DataStax’s open-source database and AI data infrastructure will help scale and simplify generative AI for enterprise use. | Read more |
| May 27, 2025 | Zscaler & Red Canary | Zscaler acquired cybersecurity firm Red Canary to form a unified Security Operations Center. The integrated platform will leverage AI-driven automation alongside human expertise to enhance threat detection and response capabilities. | Read more |
| May 21, 2025 | AT&T & Lumen | AT&T agreed to purchase Lumen’s Mass Markets consumer fiber business for $5.75 billion. The acquisition includes nearly 1 million subscribers and 4 million fiber passings, enabling AT&T to extend its fiber reach across the U.S. | Read More |
| May 21, 2025 | Millicom & Telefónica Uruguay | Millicom, operating as Tigo, acquired Telefónica’s Uruguay operations for $440 million. The move strengthens its market position in Latin America and supports its growth strategy across the Southern Cone. | Press release |
| May 21, 2025 | Wyyerd Fiber & Ting/Conterra | Wyyerd Fiber acquired fiber assets from Ting and Conterra across seven Arizona cities, providing the company with immediate access to the Tucson metro market and expanding its fiber-based broadband footprint. | Read more |
| May 16, 2025 | Charter & Cox | Charter Communications announced a $34.5 billion acquisition of Cox Communications. The companies will merge under the Cox name, while Charter’s Spectrum brand will serve as the customer-facing brand. | Read more |
| May 14, 2025 | Virtana & Zenoss | Observability platform Virtana acquired Zenoss to combine infrastructure monitoring and service visibility in hybrid IT environments. The deal supports Virtana’s growth in performance management and analytics. | Press release |
| May 12, 2025 | Virgin Media O2 & Daisy Group | Virgin Media O2’s enterprise unit merged with Daisy Group to create a new business-focused joint venture. Virgin Media O2 holds a 70% stake, while Daisy retains 30%, enhancing UK B2B service offerings. | Press release |
| May 9, 2025 | Ripple Fiber & HyperFiber | Ripple Fiber merged with HyperFiber, its sister company, to streamline operations and build a stronger fiber broadband service presence across the Southeastern U.S. | Read more |
| May 9, 2025 | Fibernow & Wavetechs | Fibernow acquired Wavetechs, a managed services provider, to expand its offerings in broadband, digital voice, and video for small and mid-sized businesses, positioning itself as a full-service provider. | Press release |
| May 5, 2025 | Zhone Technologies & DZS | Zhone Technologies completed its acquisition of DZS’s U.S.-based assets following DZS’s Chapter 7 bankruptcy. The deal includes IP, labs, IT systems, and client contracts, reinforcing Zhone’s fiber solutions portfolio. | Press release |
| May 1, 2025 | Visionary Broadband & MTWeb | Visionary Broadband acquired Montana-based MTWeb to expand its network and services in the state. MTWeb’s team, including its founder, joined Visionary to support regional growth and speed upgrades. | Read more |
| May 1, 2025 | Mereo Network & Dish Fiber | Mereo Networks acquired DISH Fiber Internet L.L.C., bringing DISH’s fiber broadband assets into its portfolio. The acquisition closed on April 30 and enhances Mereo’s residential internet footprint. | Press release |
April 2025 M&A Deals in Telecom, AI, and Cloud Infrastructure
| Date | Company(ies) | Expanded Deal Summary | Link |
|---|---|---|---|
| April 28, 2025 | Palo Alto Networks & Protect AI | Palo Alto Networks acquired Protect AI, an AI/ML cybersecurity startup, to enhance its Prisma AIRS platform. The acquisition brings deep AI security expertise, enabling businesses to build AI applications with robust, purpose-built security tools. | Press release |
| April 25, 2025 | Datatonic & Syntio | Datatonic acquired Syntio to extend its expertise in data engineering and cloud AI. The combined entity will support enterprise clients across Europe, especially in telecom, banking, and retail. | Press release |
| April 25, 2025 | T-Mobile & Lumos | T-Mobile and EQT’s joint venture to acquire Lumos received regulatory approval. The FTTH provider will help T-Mobile achieve its target of reaching 12–15 million homes with fiber by 2030. | Read more |
| April 18, 2025 | SolarWinds & Turn/River Capital | Private equity firm Turn/River Capital completed its $4.4 billion acquisition of SolarWinds, transitioning the IT management software provider into a privately held company. SolarWinds shareholders received $18.50 per share in cash. The acquisition aims to bolster SolarWinds’ innovation in observability, incident response, service management, and AI-powered automation, enhancing operational resilience in complex hybrid IT environments. | Read more |
| April 16, 2025 | FiberLight & Metro Fiber Networks | FiberLight acquired Metro Fiber Networks to expand its high-capacity enterprise fiber services throughout Virginia. The deal enhances FiberLight’s ability to deliver end-to-end connectivity. | Read more |
| April 8, 2025 | TXO & AirWay Group | TXO acquired the AirWay Group to strengthen its telecom lifecycle services in North America. The move increases TXO’s capabilities in logistics, procurement, and tech reuse. | Read more |
| April 7, 2025 | IBM & Hakkoda | IBM acquired Hakkoda to strengthen its consulting portfolio around AI and Snowflake-based data services. Hakkoda’s team brings advanced data modernization skills to IBM’s global operations. | Read more |
| April 3, 2025 | ServiceNow & Logik.ai | ServiceNow acquired Logik.ai to integrate AI-powered CPQ tools into its platform. The move enhances ServiceNow’s CRM capabilities, helping clients automate complex sales processes. | Read more |
| April 1, 2025 | Qualcomm & Movian AI | Qualcomm acquired Movian AI, a generative AI team from VinAI led by a former Google DeepMind scientist. The acquisition enhances Qualcomm’s ability to build on-device AI for smartphones and vehicles. | Press release |
March 2025 Fiber and Semiconductor M&A Deals in Focus
| Date | Company(ies) | Expanded Deal Summary | Link |
|---|---|---|---|
| March 24, 2025 | CityFibre & Connexin | CityFibre announced plans to acquire Connexin’s full fiber infrastructure, including its XGS-PON network. The move expands CityFibre’s reach by 185,000 premises in the U.K. | Read more |
| March 19, 2025 | SoftBank & Ampere | SoftBank agreed to acquire U.S. semiconductor company Ampere for $6.5 billion. Ampere’s ARM-based processors are designed for energy-efficient AI workloads, aligning with SoftBank’s long-term AI strategy. | Read more |
| March 18, 2025 | Google & Wiz | Google agreed to acquire Wiz for $32 billion, gaining a significant position in the Cloud Native Application Protection Platform (CNAPP) space. The deal awaits regulatory review. | Press release |
| March 13, 2025 | Zayo & Crown Castle | Zayo acquired Crown Castle’s fiber assets for $4.25 billion. The deal adds 90,000 route miles to Zayo’s network and supports its expansion into data center and AI connectivity. | Read more |
February 2025 Acquisitions in 5G, Optical, and Enterprise Tech
| Date | Company(ies) | Expanded Deal Summary | Link |
|---|---|---|---|
| February 28, 2025 | Nokia & Infinera | Nokia finalized its $2.3 billion acquisition of Infinera, expanding its optical networking solutions for cloud and data center applications. The move supports Nokia’s next-gen transport strategy. | Read more |
| February 20, 2025 | Airspan & Corning | Airspan acquired Corning’s wireless business unit, which includes DAS and small cell RAN products. The deal positions Airspan more strongly in private 5G and Open RAN markets. | Read more |
January 2025 Tech and Telecom Megadeals: Cloud and Convergence
| Date | Company(ies) | Expanded Deal Summary | Link |
|---|---|---|---|
| Jan 29, 2025 | ServiceNow consultancy CoreX & Volteo | ServiceNow consultancy CoreX acquired Volteo Digital to expand its reach across Central America and Europe. The acquisition strengthens CoreX’s presence in digital workflow services, especially in the financial and telecom sectors. | Press release |
| January 2, 2025 | Swisscom & Vodafone Italia | Swisscom closed its acquisition of Vodafone Italia, combining Fastweb’s broadband with Vodafone’s mobile services to offer converged products in the Italian market. | Read more |
This M&A tracker will be updated monthly as new deals emerge across the telecom, fiber, and technology landscape. Stay tuned for the latest developments as consolidation, innovation, and strategic growth continue to reshape the market in 2025.
