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10.01.26
Wilson Sonsini Advises Stripe on Acquisition of Parafin
On September 30, 2026, Stripe, the programmable financial services company, announced that it has agreed to acquire Parafin, a leading embedded financial products platform. Wilson Sonsini Goodrich & Rosati is advising Stripe on the transaction.
Client Highlights
9.24.26
Wilson Sonsini Advises BlackLine on Acquisition of NetNow
On September 21, 2026, BlackLine, the future-ready platform for the office of the chief financial officer that drives digital finance transformation by empowering organizations with accurate, efficient, and intelligent financial operations, announced it has acquired NetNow, an AI-enabled B2B customer onboarding and credit risk management solution. The acquisition expands BlackLine's invoice-to-cash capabilities, bringing automated credit intelligence, AI-enabled risk and fraud detection, and ongoing portfolio monitoring, further upstream in the customer financial lifecycle. Wilson Sonsini Goodrich & Rosati advised BlackLine on the transaction.
Client Highlights
9.21.26
Firm Advises CoVet on Acquisition by IDEXX
On September 16, 2026, IDEXX Laboratories, Inc., a global leader in pet healthcare innovation, announced the acquisition of CoVetAI Inc. (CoVet), a leading and rapidly growing provider of AI-native ambient listening and clinical workflow software for veterinary practices. The financial terms of the transaction were not disclosed. Wilson Sonsini Goodrich & Rosati advised CoVet on the transaction.
CoVet helps veterinary teams automatically capture and organize information across the patient care journey, from consultation to treatment planning and client follow-up, reducing documentation burden and saving clinicians’ time. The acquisition expands the value of IDEXX’s software, diagnostics, and AI offerings by making information more accessible, actionable, and connected across the practice. CoVet will be integrated into the IDEXX software ecosystem, which will continue to support other ambient scribe solutions and third-party integrations. CoVet will also continue to integrate with non-IDEXX practice management systems.
The Wilson Sonsini team that advised CoVet on the transaction included:
CoVet helps veterinary teams automatically capture and organize information across the patient care journey, from consultation to treatment planning and client follow-up, reducing documentation burden and saving clinicians’ time. The acquisition expands the value of IDEXX’s software, diagnostics, and AI offerings by making information more accessible, actionable, and connected across the practice. CoVet will be integrated into the IDEXX software ecosystem, which will continue to support other ambient scribe solutions and third-party integrations. CoVet will also continue to integrate with non-IDEXX practice management systems.
The Wilson Sonsini team that advised CoVet on the transaction included:
Client Highlights
9.15.26
Wilson Sonsini Advises DoorDash on $300 Million Acquisition of Wonder’s Grubhub Campus Dining Business
On September 15, 2026, DoorDash, a global leader in local commerce, and Wonder, a leading food technology platform, announced that DoorDash will acquire Wonder's Grubhub Campus Dining business for $300 million. Wilson Sonsini Goodrich & Rosati advised DoorDash on the transaction.
Grubhub Campus Dining, formerly known as Tapingo, enables millions of students at more than 450 colleges and universities to order a meal from campus dining facilities and on-campus restaurants using its mobile app or kiosks, pay for the meal with campus dining dollars, and schedule the pickup. Following the close of the transaction, DoorDash intends to continue expanding Grubhub Campus Dining in the U.S., enhance the selection and convenience available to students, and bring Tapingo’s vertically integrated technology stack beyond college campuses to stadiums, hotels, and other similar venues.
The Wilson Sonsini team that advised DoorDash on the transaction was led by partners Rezwan Pavri, Lang Liu, Sachin Kohli, and Brendan Mahan and associates Ryan Cooper and Jackie Jung. The team also included:
Grubhub Campus Dining, formerly known as Tapingo, enables millions of students at more than 450 colleges and universities to order a meal from campus dining facilities and on-campus restaurants using its mobile app or kiosks, pay for the meal with campus dining dollars, and schedule the pickup. Following the close of the transaction, DoorDash intends to continue expanding Grubhub Campus Dining in the U.S., enhance the selection and convenience available to students, and bring Tapingo’s vertically integrated technology stack beyond college campuses to stadiums, hotels, and other similar venues.
The Wilson Sonsini team that advised DoorDash on the transaction was led by partners Rezwan Pavri, Lang Liu, Sachin Kohli, and Brendan Mahan and associates Ryan Cooper and Jackie Jung. The team also included:
Client Highlights
9.14.26
Wilson Sonsini Advises Xapien on $56 Million Series B
On September 11, 2026, Xapien, an AI-native due diligence platform, announced a $56 million Series B investment round led by Spectrum Equity, with continued support from existing investor YFM Equity Partners. Wilson Sonsini Goodrich & Rosati advised Xapien on the transaction.
Client Highlights
9.10.26
Wilson Sonsini Advises Blaxel on its Acquisition by Baseten
On September 10, 2026, Baseten, an artificial intelligence inference company, announced that it has acquired Blaxel, an infrastructure company building secure, persistent execution environments for AI agents. The acquisition expands Baseten's platform to bring reliable, secure, and cost-effective infrastructure agents need to run code, use tools, and maintain state. Wilson Sonsini Goodrich & Rosati advised Blaxel on the transaction.
Client Highlights
8.26.26
Wilson Sonsini Advises Altruist on Acquisition by Vanguard
On August 26, 2026, Vanguard and Altruist, an AI-forward wealth technology and custody platform serving financial advisors, announced that they have entered into a definitive agreement under which Vanguard will acquire Altruist. Wilson Sonsini Goodrich & Rosati is advising Altruist on the transaction.
Client Highlights
8.25.26
Wilson Sonsini Advises Checkr on Acquisition of Truv
On August 18, 2026, Checkr, an AI-powered verification platform for high-stakes decisions, announced the acquisition of Truv, a consumer-permissioned income, employment, and asset verification company. Wilson Sonsini Goodrich & Rosati advised Checkr on the transaction.
Alerts
8.20.26
U.S. Commerce Department Streamlines Drone Export Controls
Late last week, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) issued its long-anticipated rule to streamline export controls applicable to commercial and dual-use unmanned aerial vehicles (UAVs): Streamlining Export Controls for Drone Exports, 91 Fed. Reg. 52,501 (Aug. 14, 2026) (the Rule). While the Rule loosens controls on many commercial UAVs with lower endurance, the Rule also enhances controls in a few key areas.
Client Highlights
8.20.26
Wilson Sonsini Advises Highspot on Merger with Seismic
On August 18, 2026, Seismic, an AI-powered sales and revenue enablement platform, announced the completion of its merger with Highspot. Following a second request review, the merger obtained U.S. antitrust clearance, which allowed the transaction to close without any action by the Department of Justice Antitrust Division. The combined company will operate under the Seismic name and be led by Seismic Chief Executive Officer Rob Tarkoff. Wilson Sonsini Goodrich & Rosati advised Highspot on the transaction.
Client Highlights
8.17.26
Firm Advises Gravis Robotics on $200 Million Series A
On August 17, 2026, Gravis Robotics, a company retrofitting construction machines with autonomous technology, announced their Series A financing, with SoftBank investing $200 million in the company. The funding is the largest Series A in construction robotics history and will be used to scale autonomous machinery, bringing physical artificial intelligence (AI) directly to construction sites and embedding autonomous systems into heavy machinery fleets. Wilson Sonsini Goodrich & Rosati advised Gravis on the transaction.
Client Highlights
8.06.26
Wilson Sonsini Advises AiDASH on $350 Million Acquisition by Schneider Electric
On July 30, 2026, Schneider Electric, a global energy technology company, announced it has entered a definitive agreement to acquire AiDASH, a cloud-native software company that provides AI-driven vegetation, asset, and climate risk intelligence to utilities and other critical infrastructure operators, in an all-cash transaction with implied enterprise value of $350 million. Wilson Sonsini Goodrich & Rosati is advising AiDASH on the transaction.