$32 billion. $25 billion. $12.9 billion. Those are the three biggest price tags on CRN’s ranking of the largest tech acquisitions of 2026 so far, and AI sits behind nearly every one of them.
Two of the three are finished. Google announced on March 11 that it had closed its $32 billion purchase of the cloud security startup Wiz, which CRN called the biggest deal in Google’s history and a record for a cybersecurity acquisition. Palo Alto Networks completed its $25 billion takeover of the identity security firm CyberArk on Feb. 11, the largest deal the company has ever done. The third has not closed. Nvidia announced on Aug. 31 that it would buy the open model repository Hugging Face for $12.9 billion, with completion expected in the first half of 2027, pending regulatory approvals.
How Wiz and CyberArk got there
Google and Wiz signed their definitive agreement on March 18, 2025, then spent most of a year collecting approvals. The Justice Department and the Federal Trade Commission signed off. The European Union held the deal up for a time in late 2025 over competition concerns before approving it on February 10. In April, Alphabet’s Sundar Pichai told analysts that Wiz’s performance “so far has exceeded our expectations.”
Palo Alto’s CyberArk deal was first announced in July 2025. CRN said the company wanted a product in nearly every major cybersecurity category, and a stake in securing the identities that AI agents use. CyberArk stays on sale as a stand-alone product while its features are folded into the wider Palo Alto lineup. The company also closed its $3.3 billion Chronosphere purchase in January.
Nvidia’s pitch for Hugging Face
Nvidia’s own announcement put the price at $12,930,300,000. Jensen Huang wrote that Hugging Face will stay an open platform and that developers will not need Nvidia hardware to build or deploy there. According to Nvidia, more than 18 million developers, researchers and creators use the site, and more than 200,000 companies rely on it to find, test and deploy models. Nvidia says no company has given the platform more open models and data than it has, with more than 500 models and more than 250 open datasets released there.
Channel partners told CRN the deal could help solution providers sell AI infrastructure, because the cost of closed frontier models from OpenAI and others is pushing customers toward open ones.
The rest of the top ten
IBM finished its $11 billion Confluent acquisition on March 17. ServiceNow completed its $7.75 billion purchase of Armis on April 20. Salesforce said on June 15 that it plans to buy Fin for approximately $3.6 billion, with closing expected by the end of its fiscal year on Jan. 31, 2027. Snowflake paid $640 million, in cash and stock, for Observe. Lenovo closed its Infinidat deal on April 9 without disclosing the price. Myriad360 bought Advizex, and SAP picked up both Reltio and Dremio, again without publishing prices.
CRN’s list also covers smaller moves. Veeam bought Object First, NetApp took DataPelago, and Amazon Web Services acquired DuckLabs, the company behind the DuckDB analytics database. In security, Okta bought Permiso Security, Cisco went after Astrix, and Zscaler added SquareX.
CRN noted that for several entries on its list the value was never disclosed, so the ranking weighs industry impact as well as dollars.
