Charter Communications announced that its shareholders have approved the company’s planned $35.4 billion acquisition of Cox Communications, with over 99% of votes cast in favor at a special meeting. The transaction, first announced in May 2025, is expected to close in mid-2026 pending regulatory approvals and customary closing conditions.

The merger will create one of the largest U.S. broadband and cable operators, combining Cox’s residential and commercial fiber assets with Charter’s Spectrum network. Following closing, the combined company will adopt the Cox Communications name, with Spectrum remaining the consumer-facing brand. Charter anticipates achieving approximately $500 million in annual cost savings within three years post-close.

The deal is part of Charter’s strategy to expand scale and integrate advanced network infrastructure, reinforcing its position in the competitive broadband and video services market. Terms were originally set in May 2025; no changes to the transaction value have been disclosed.

SES completed its long-anticipated $3.1 billion acquisition of Intelsat, creating a global multi-orbit satellite connectivity leader with expanded spectrum holdings and a combined contract backlog exceeding €8 billion. The deal, finalized after 15 months of regulatory review, includes €2.4 billion in expected synergies and a projected €370 million annual run rate (70% within 3 years).

The integration combines SES’s O3b mPOWER LEO/MEO assets with Intelsat’s GEO network, strengthening its position across government, mobility, and enterprise markets. A new SES Space & Defense unit was formed by merging the government divisions of both companies, with former Intelsat executive David Broadbent appointed CEO.

The acquisition is designed to accelerate SES’s low-to-mid single-digit revenue CAGR and achieve “normalized” annual free cash flow of over €1 billion by 2027/28. Net leverage is targeted below 3x within 18 months. SES highlighted Day 1 synergy execution and the ability to deliver end-to-end multi-orbit solutions in high-growth segments as key strategic outcomes of the deal.

Palo Alto Networks announced a definitive agreement to acquire CyberArk in a cash-and-stock deal valued at approximately $25 billion, marking Palo Alto Networks’ formal entry into the Identity Security market. Under the terms, CyberArk shareholders will receive $45 in cash and 2.2005 shares of Palo Alto Networks stock for each CyberArk share, representing a 26% premium over CyberArk’s unaffected 10-day average. The transaction is expected to close in the second half of Palo Alto Networks’ fiscal 2026, pending regulatory and shareholder approvals.

The acquisition combines CyberArk’s leadership in Privileged Access Management and Identity Security with Palo Alto Networks’ AI-powered security platforms to create an end-to-end security stack for the AI era. The integration will extend identity protection to human, machine, and autonomous AI agent identities, making Identity Security a core platform alongside Palo Alto Networks’ Strata™ and Cortex® offerings.

The deal underscores the convergence of identity and cybersecurity as enterprises face rising AI-driven threats and complex compliance mandates. Palo Alto Networks expects the transaction to be accretive to revenue growth and free cash flow per share post-synergy realization, with CyberArk’s capabilities positioned as foundational to securing the next generation of AI-driven enterprise environments.

Brightspeed, the nation’s third-largest fiber broadband builder, announced the acquisition of 235 miles of fiber assets from Cincinnati Communications LLC in suburban Cincinnati. The deal adds nearly 70,000 new premises to Brightspeed’s network in Butler and Hamilton counties and strategically connects to its ongoing fiber builds in Ohio and eastern Indiana.

The acquired dark fiber assets, located near Brightspeed’s projects in Mason, OH, and Lawrenceburg, IN, will accelerate the company’s expansion and reduce time-to-market by leveraging existing infrastructure instead of greenfield construction. Once integrated, Brightspeed’s Ohio footprint will exceed 420,000 fiber-enabled locations, bolstered by state grants and its ongoing $2B multi-year fiber build.

Terms of the transaction were not disclosed.

Hilliary Communications announced the acquisition of TDS Telecom’s Oklahoma network operations, adding nearly 35,000 new locations to its service footprint and expanding future-ready broadband across rural Oklahoma. The deal marks Hilliary’s eighth acquisition of regional telecom assets since 2016 and strengthens its mission to deliver high-speed fiber internet and modern communications services to underserved communities.

The transaction includes the transfer of local TDS field service teams and covers growing rural areas from Elgin and Jones to Adair. Hilliary plans to deploy fiber-to-the-home networks and upgrade infrastructure immediately post-closing to accelerate statewide connectivity.

For TDS Telecom, the divestiture allows a sharper focus on its core fiber operations nationwide. The deal is expected to close in the second half of 2025 following regulatory approvals. Terms of the transaction were not disclosed.

Greenlight Networks announced a definitive agreement to acquire the assets of Loop Internet, a locally owned fiber internet provider based in Scranton, Pennsylvania. The deal accelerates Greenlight’s planned fiber-to-the-home expansion across Northeastern Pennsylvania and significantly strengthens its presence in the Wilkes-Barre/Scranton market.

Loop’s existing network footprint in Wilkes-Barre, Mountain Top, Scranton, and Kingston will complement Greenlight’s ongoing buildouts, providing a critical base of operations and local expertise to support faster deployments and expanded service coverage.

Greenlight plans to invest additional capital into the region post-closing, with initiatives to expand hiring, deepen partnerships with local contractors and businesses, and enhance community engagement. The transaction is expected to close later in 2025 following regulatory approvals. Terms of the acquisition were not disclosed.

Thrive, a global MSP/MSSP specializing in cybersecurity and IT managed services, announced the acquisition of Abacode, a Tampa-based Managed Cybersecurity & Compliance Provider (MCCP). The deal strengthens Thrive’s governance, risk, and compliance (GRC) portfolio and expands its presence in the Southeast U.S.

Abacode is known for integrating cybersecurity and compliance into a single, outcome-driven program, helping mid-market businesses turn regulatory requirements into competitive advantages. The acquisition comes amid increasing complexity in global compliance mandates, including updates to CMMC, HIPAA, and emerging AI-related regulations.

With Abacode’s expertise, Thrive is doubling down on its commitment to deliver scalable, high-touch GRC solutions across industries such as financial services, healthcare, and government. The transaction marks Thrive’s second acquisition of 2025 as it continues to build out its NextGen platform for cybersecurity and compliance services. Terms of the acquisition were not disclosed.

CoreWeave announced it will acquire Core Scientific in an all-stock deal valued at approximately $9 billion, marking one of the largest AI infrastructure transactions to date. Under the terms, Core Scientific shareholders will receive 0.1235 shares of CoreWeave Class A common stock for each Core Scientific share. The transaction represents roughly a 66% premium over Core Scientific’s pre-announcement share price and is expected to close in Q4 2025 pending regulatory and shareholder approvals.

The acquisition gives CoreWeave ownership of ~1.3 GW of power capacity with more than 1 GW of expansion potential across Core Scientific’s U.S. data centers, eliminating over $10 billion in future lease obligations and targeting $500 million in annual cost savings by 2027. The move accelerates CoreWeave’s strategy to scale AI and high-performance computing (HPC) workloads by verticalizing control over critical data center infrastructure and power assets.

The deal underscores the rapid convergence of AI and digital infrastructure and highlights how former crypto-focused operators like Core Scientific are repositioning facilities to meet surging demand for AI and HPC capacity. Terms of the acquisition were based on a fixed exchange ratio; no cash component was disclosed.

Ezee Fiber, a Houston-based fiber internet provider owned by I Squared Capital, announced an agreement to acquire Tachus Fiber Internet from Crosstimbers Capital Group. The deal significantly expands Ezee Fiber’s footprint across northern Greater Houston, combining networks to reach more than 600,000 fiber passings across Texas, New Mexico, and Washington State by year-end.

Tachus operates a 100% underground fiber network serving over 60,000 residential and business subscribers in the Houston metro area. The acquisition strengthens Ezee Fiber’s position as a premier regional fiber provider and aligns with its ongoing $850 million multi-state expansion strategy.

Backed by I Squared Capital, the combined company plans to leverage scale to meet growing demand for fast, reliable connectivity and to accelerate future market entries across the U.S. Terms of the transaction were not disclosed.

Hewlett Packard Enterprise (HPE) completed its $14 billion acquisition of Juniper Networks, creating an industry-leading cloud-native and AI-driven networking portfolio. The deal doubles the size of HPE’s networking business and positions the company to capture high-growth opportunities at the intersection of AI, hybrid cloud, and secure networking.

The integration delivers a full networking IP stack — from silicon and hardware to security, software, and services — and significantly expands HPE’s total addressable market across data center, enterprise, and service provider segments. Former Juniper CEO Rami Rahim will lead the combined HPE Networking business, bringing Juniper’s AI-native and data center expertise under HPE’s global scale.

The acquisition is expected to be accretive to HPE’s non-GAAP EPS in year one post-close, with the combined networking unit contributing more than 50% of total company operating income. Shares of Juniper ceased trading on the NYSE following the closing.

Arista Networks acquired the VeloCloud® SD-WAN portfolio from Broadcom, adding cloud-delivered WAN and integrated security capabilities to its campus and branch networking portfolio. The deal fills a key gap in Arista’s offerings, enabling it to deliver a more complete client-to-cloud networking stack alongside its switching, Wi-Fi 7, and CloudEOS® routing solutions.

VeloCloud’s SD-WAN platform integrates application-optimized routing, secure firewalling, and optional Wi-Fi/5G connectivity, enhancing Arista’s ability to support distributed enterprise, branch, and edge AI workloads. The acquisition positions Arista to compete more directly with end-to-end providers like HPE, Cisco, and Extreme Networks as enterprises converge security, networking, and AI-driven operations.

Analysts noted that the move strengthens Arista’s WAN capabilities and complements its cognitive campus and branch strategy, while also signaling its preparation for AI-intensive edge deployments. Terms of the transaction were not disclosed.