Top 10 Information Technology Transactions (December 2026)

Top 10 Information Technology Transactions (December 2026)

Top 10 Information Technology Transactions (December 2026)
9:30

For deal sourcers, staying current on private company activity is critical to spotting active buyers, tracking market trends, and uncovering emerging investment opportunities ahead of competitors.

In December alone, we added more than 2,500 new private company transactions, bringing the total to over 16,000 searchable deals across sectors, industries, and transaction types in Dakota Marketplace.

Inside Dakota Marketplace, you’ll find the transactions tab that provides structured, filterable data on deal types, values, and dates, while our editorial team curates daily updates through the Dakota transactions newsletter, helping you cut through the noise and focus on what matters most.

To ensure the most comprehensive coverage of private market activity, Dakota monitors over 10,000 websites including company websites, newswires, and numerous third-party news providers to capture and verify transaction data as it happens.

Below are the top 10 information technology transactions.

1. xAI - Series E

  • Transaction Date: 1/6/2026
  • Industry: Professional Services
  • Type: Venture Capital
  • Transaction Value: $20B
  • Participants: Valor Equity Partners, StepStone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX Fund Management Limited, Baron Capital Group

xAI has completed an upsized $20 billion Series E funding round, surpassing its initial target and bringing in a mix of institutional and strategic investors to support its next phase of growth. The capital will be used to scale world-class compute infrastructure and accelerate the development of advanced AI products, reinforcing xAI’s push to expand its frontier models and global user reach.

2. Chronosphere - Strategic Acquisition

  • Transaction Date: 1/29/2026
  • Industry: Software
  • Type: Acquisition/Merger
  • Transaction Value: $3.35B
  • Participants: Palo Alto Networks Inc, Chronosphere, Morrison & Foerster LLP, Sierra Ventures Corp, Greylock Partners, Lux Capital, General Atlantic, GV (Google Ventures), Anti Fund Investment Fund LLC

Palo Alto Networks has completed its acquisition of Chronosphere, a next-generation observability platform, in a deal valued at approximately $3.35 billion. The transaction unifies observability and security by combining Chronosphere’s AI-scale data architecture with Palo Alto Networks’ security and agentic capabilities, positioning the company to deliver real-time resilience and autonomous remediation for modern cloud and AI workloads.

3. Serverfarm - Syndicated Credit Facility

  • Transaction Date: 1/29/2026
  • Industry: IT Services
  • Type: Credit
  • Transaction Value: $3B
  • Participants: TD Securities Prime Brokerage Group

Serverfarm has secured a $3.0 billion credit facility backed by a 23-lender syndicate to fund the development of multiple hyperscale, AI-ready data center campuses across North America. The financing supports large-scale projects including a 500MW+ Houston campus, positioning the Manulife Investment Management-backed platform to accelerate delivery of critical infrastructure for cloud and AI customers.

4. QXO - Convertible Preferred Equity

  • Transaction Date: 1/12/2026
  • Industry: IT Services
  • Type: Structured Equity
  • Transaction Value: $3B
  • Participants: Apollo Global Management, Temasek

QXO has secured an additional $1.8 billion in financing from investors led by Apollo Global Management, increasing the total committed investment to $3.0 billion through convertible perpetual preferred stock. The expanded capital commitment enhances QXO’s financial flexibility and is earmarked to support one or more strategic acquisitions through mid-2026.

5. JAMF - Take-Private

  • Transaction Date: 1/30/2026
  • Industry: Software
  • Type: Buyout/Private Equity
  • Transaction Value: $2.2B
  • Participants: Francisco Partners, JAMF, Citi, Kirkland & Ellis LLP, RBC Capital Markets, Goldman Sachs & Co. LLC, Deutsche Bank Securities, Simpson Thacher & Bartlett LLP

Francisco Partners has completed its acquisition of Jamf in an all-cash transaction valued at approximately $2.2 billion, taking the Apple device management and security platform private. The deal positions Jamf to accelerate product innovation and expansion with greater strategic flexibility, while reinforcing its leadership in managing and securing Apple-first environments globally.

6. DayOne Data Centers - Series C

  • Transaction Date: 1/5/2026
  • Industry: IT Services
  • Type: Venture
  • Transaction Value: $2B
  • Participants: Coatue Management, Indonesia Investment Authority

DayOne Data Centers has raised over $2.0 billion in a Series C equity financing led by Coatue, marking one of the largest private capital raises in the data center sector. The funding will accelerate DayOne’s hyperscale expansion across Europe and Asia-Pacific, supporting a rapidly growing, AI-ready development pipeline spanning Finland and key APAC markets.

7. Manus AI - Strategic Acquisition

  • Transaction Date: 1/2/2026
  • Industry: Software
  • Type: Acquisition/Merger
  • Transaction Value: $2B
  • Participants: Tencent Holdings Limited, Facebook, Benchmark Capital Partners, HSG, ZhenFund

Meta has acquired AI startup Manus for approximately $2.0 billion, bringing the agentic AI platform into its broader infrastructure to accelerate development across advanced consumer and enterprise use cases. The transaction validates Manus’ rapid rise and positions its autonomous AI capabilities to be scaled globally within Meta’s ecosystem.

8. SkyWater Technology - Strategic Acquisition

  • Transaction Date: 1/26/2026
  • Industry: Semiconductors & Semiconductor Equipment
  • Type: Acquisition/Merger
  • Equity Investment: $1.8B
  • Participants: IonQ Inc., SkyWater Technology In, Cantor Fitzgerald Asset Management, BofA Securities, Inc., Paul, Weiss, Rifkind, Wharton & Garrison LLP, Goldman Sachs & Co. LLC, Foley & Lardner LLP

IonQ has agreed to acquire SkyWater Technology in a cash-and-stock transaction valued at approximately $1.8 billion, creating the only vertically integrated, full-stack quantum platform company. The deal provides IonQ with embedded access to a trusted U.S. semiconductor foundry, accelerating its fault-tolerant quantum computing roadmap while allowing SkyWater to continue operating as a pure-play foundry serving government and commercial customers.

9. PA Consulting - Strategic Acquisition

  • Transaction Date: 1/5/2026
  • Industry: IT Services
  • Type: Acquisition/Merger
  • Transaction Value: $1.6B
  • Participants: PA Consulting, Jacobs Solutions Inc, Centerview Partners, Perella Weinberg Partners LP, Akin Gump Strauss Hauer & Feld LLP, Goldman Sachs & Co. LLC, Milbank LLP

Jacobs has agreed to acquire the remaining stake in PA Consulting for approximately £1.216 billion, valuing the innovation and transformation consultancy at around £3.05 billion. The transaction brings PA fully under Jacobs’ ownership, creating a global advisory platform that combines strategic consulting with deep technical and infrastructure expertise to support clients across the full asset lifecycle.

10. Skild AI - Series C

  • Transaction Date: 1/14/2026
  • Industry: Software
  • Type: Venture
  • Transaction Value: $1.4B
  • Participants: SoftBank, NVentures, Macquarie Capital Venture Capital, Bezos Expeditions, Disruptive Technology Advisers, 1789 Capital Management, Lightspeed Venture Partners, Felicis Ventures, Coatue Management, Sequoia Capital, Samsung Ventures, LG Technology Ventures, SE Ventures, CommonSpirit Ventures, Salesforce Ventures, TF Capital, Andra Capital, Korea Investment Corporation, Alpha Square Group, Mirae Asset Global Investments (USA), Dixyz, Palo Alto Growth Capital

Skild AI has raised nearly $1.4 billion in new funding led by SoftBank Group, valuing the robotics AI company at over $14 billion. The financing will support continued development and deployment of Skild’s omni-bodied robotics foundation model, positioning the company to scale physical AI across a wide range of robotic platforms and real-world applications.

Transactions in Dakota Marketplace

At Dakota, we understand how important it is to stay current on deal activity as it happens. That’s why our editorial team continuously monitors the news for real-time updates on platform investments, add-ons, divestitures, and more to deliver daily highlights straight to your inbox through our transactions newsletter.

Inside Dakota Marketplace, the transactions tab provides structured, filterable data with deal dates, types, sectors, and financials, allowing you to build a customized feed that aligns with your focus areas.

Whether you're evaluating a new investment opportunity or tracking trends within a target sector, Dakota Marketplace helps you cut through the noise and focus on what matters most.

For more information on these transactions and a deeper dive into their industries and sub-industries, book a demo of Dakota Marketplace.

Cate Costin, Marketing Associate

Written By: Cate Costin, Marketing Associate