CTech

CrowdStrike has disclosed that its acquisition of XM Cyber's technology cost more than $600 million. The figure, reported by CTech, sheds light on the price of the cybersecurity firm's deal. The disclosure is drawing attention in the cybersecurity industry, where valuations for security technology acquisitions remain closely watched amid continued consolidation.

Amazon is reportedly in line to acquire AI startup Decart for about $5.5 billion, after Anthropic reportedly walked away from a potential deal. The report, picked up by Israeli tech outlet CTech, highlights how large AI firms and cloud giants are competing for fast-growing generative AI startups. No official confirmation has come from Amazon, Anthropic or Decart, and details of any agreement remain unconfirmed.

Freshworks has announced it will acquire Torii, an Israeli startup whose platform helps companies manage software subscriptions, with a focus on controlling costs related to AI tools. The deal, reported by Israeli tech outlet CTech, underscores growing corporate demand to track and rein in spending on AI services as adoption accelerates across businesses.