Tech Giants Mega-Merger: SoftTech Acquires DataWorks for $15B

SoftTech announced today its acquisition of DataWorks in a $15 billion deal, marking one of the largest tech mergers this year. The deal, finalized on March 22, 2026, will combine SoftTech’s cloud computing services with DataWorks’ advanced data analytics platforms. According to Reuters, the merger aims to create a powerhouse in AI-driven cloud solutions, expected to serve over 500 million users worldwide. The companies project that the integration will boost annual revenues by 25% within two years. Industry analysts highlight this move as a significant consolidation in the competitive cloud technology market. The merger is subject to regulatory approval, anticipated by late 2026.