Tech Giants Mega Merger: SoftTech Acquires DataWave for $45B

SoftTech announced its acquisition of DataWave in a $45 billion deal finalized on July 7, 2026, marking one of the largest tech mergers this year. The merger aims to combine SoftTech's cloud infrastructure with DataWave's AI analytics capabilities to enhance enterprise solutions. According to Bloomberg, the deal is expected to close by the end of Q3 after regulatory approvals. This acquisition will create a powerhouse with an estimated combined revenue exceeding $120 billion, positioning SoftTech as a dominant player in the AI-driven cloud market. Industry experts view the move as a strategic effort to compete more aggressively with rivals like TechCore and NetSys.