In September, Azure Summit Technology, a radio frequency engineering firm, was pocketed by CACI International for $1.275B to bolster its market-based strategy and expand its portfolio.

In August, iconectiv, a provider of network and operations management software for telecommunications businesses, was purchased by Koch Equity Development from Ericsson and Fransisco Partners for $1B to unlock new organic and inorganic growth opportunities.

In September, NRSGATEWAY, a provider of SMS bulk delivery services, was sold to Link Mobility Solutions to expand its geographic reach and to create new growth opportunities to capitalize on in Spain and Latin America.

In August, botario, a provider of AI-powered business communication services, was bought by NFON to bolster its business communication solutions with AI capabilities.

In July, Starfish Associates, a provider of unified communication and contract center software, was acquired by Persistent Systems for $15.4M at 2.5 times EV/sales. This deal will expand its engineering capabilities in the realm of unified communications and contact center and bolster its AI-powered business transaction offerings.