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4.28.26
Rich Mullen Shares M&A Insights on Bloomberg Deals
On April 22, 2026, Wilson Sonsini partner and head of the firm's M&A practice Rich Mullen joined Dani Burger and Ryan Gould on "Bloomberg Deals," a weekly Bloomberg TV program focused on providing in-depth analysis of market-shaping deals. This segment discusses the current software market and the problems it faces in the age of artificial intelligence. Rich comments, “software has faced . . . a lot of questions and uncertainty, but there's still some really good software companies out there. . . . If a savvy strategic or sponsor is willing to make a bet right now, I think they could find a really good company that will survive all the uncertainty of AI.”
Client Highlights
4.10.26
Wilson Sonsini Advises Canva on Acquisition of Ortto
On April 8, 2026, Canva, the world’s leading visual communication platform, announced the acquisition of Ortto, a customer data and marketing automation company, as part of its continued investment in artificial intelligence and marketing infrastructure. Wilson Sonsini Goodrich & Rosati advised Canva on the transaction.
Ortto combines a customer data platform with powerful marketing automation, enabling teams to design and orchestrate journeys across email, SMS, push notifications, in-app messaging, forms, and surveys, all within a single system. Canva’s acquisition of Ortto strengthens Canva Grow and builds on Canva’s recent additions of MagicBrief, MangoAI, and Doohly, accelerating its ability to power the full marketing and content lifecycle, from ideation and creation through to deployment, measurement, and optimization.
Ortto combines a customer data platform with powerful marketing automation, enabling teams to design and orchestrate journeys across email, SMS, push notifications, in-app messaging, forms, and surveys, all within a single system. Canva’s acquisition of Ortto strengthens Canva Grow and builds on Canva’s recent additions of MagicBrief, MangoAI, and Doohly, accelerating its ability to power the full marketing and content lifecycle, from ideation and creation through to deployment, measurement, and optimization.
Client Highlights
3.13.26
Firm Advises BlackLine on Agreement with Engaged Capital
On March 10, 2026, BlackLine announced that it entered into a cooperation agreement with Engaged Capital. Under this agreement, BlackLine appointed Storm Duncan and Megan Prichard to its board of directors, and Engaged Capital agreed to various restrictions on its activities at BlackLine. Wilson Sonsini Goodrich & Rosati advised BlackLine on the cooperation agreement.
Client Highlights
3.13.26
Wilson Sonsini Advises Urgently on Acquisition by Agero
On March 13, 2026, Agero, a software-enabled driver safety services and technology company, announced that it has entered into an agreement to acquire Urgent.ly (Urgently), a digital software platform that provides roadside and mobility assistance, for a cash price of $5.50 per share. The tender offer and merger are expected to close by the end of May 2026, subject to satisfaction of customary closing conditions. Wilson Sonsini Goodrich & Rosati advised Urgently on the transaction.
Client Highlights
3.03.26
Wilson Sonsini Advises Lumentum on Strategic Partnership and Related $2 Billion Equity Investment from NVIDIA
On March 2, 2026, Lumentum, a leader in optical and photonic technologies, and NVIDIA announced their multiyear strategic agreements to accelerate innovation in advanced optics technologies and NVIDIA’s $2 billion equity investment in Lumentum to support R&D, future capacity and operations as Lumentum builds out its U.S.-based manufacturing capabilities in a new fab. This expanded collaboration will draw on the strengths of NVIDIA’s leadership in AI, accelerated computing and networking, and Lumentum’s leadership in optics and advanced manufacturing. Wilson Sonsini Goodrich & Rosati advised Lumentum on the transaction.
Client Highlights
2.05.26
Wilson Sonsini Advises Fair Square Medicare on Acquisition by Senior Market Sales
On January 30, 2026, Senior Market Sales®(SMS), one of the industry’s premier insurance marketing organizations (IMOs), announced that it has acquired Fair Square Medicare, a technology-driven health care platform designed to simplify the Medicare experience for seniors. This strategic acquisition enhances SMS’ suite of digital tools and reinforces its commitment to providing guidance to seniors as they navigate Medicare coverage. Wilson Sonsini Goodrich & Rosati advised Fair Square on the transaction.
Client Highlights
1.23.26
Wilson Sonsini Advises Brex on $5.15 Billion Acquisition by Capital One
On January 22, 2026, Capital One announced that it has entered into a definitive agreement to acquire Brex, in a combination of stock and cash transaction valued at $5.15 billion. Brex is a modern, AI-native software platform offering intelligent finance solutions that make it easy for businesses to issue corporate cards, automate expense management, and make secure, real-time payments. The transaction is expected to close in the middle of 2026, subject to customary closing conditions. Wilson Sonsini Goodrich & Rosati advised Brex on the transaction.
Client Highlights
12.19.25
Wilson Sonsini Advises Cursor on Acquisition of Graphite
On December 19, 2025, Cursor, the leading AI development platform, announced that it has signed a definitive agreement to acquire Graphite, a start-up that uses AI to review code. The financial terms of the deal were not disclosed. Wilson Sonsini Goodrich & Rosati advised Cursor on the transaction.
The transaction brings together best-in-class tools for creating, reviewing, and merging code in the AI age. Graphite will continue to operate independently, with the same team and product. According to Cursor, in the coming months the two companies will explore connecting their products, for instance with tighter integrations between local development and pull requests and smarter code review that learns from both systems.
The Wilson Sonsini team that advised Cursor on the transaction included:
M&A
Rich Mullen
Ryan Cooper
Hallee Moore
Valerie Lopez
Drew Downing
The transaction brings together best-in-class tools for creating, reviewing, and merging code in the AI age. Graphite will continue to operate independently, with the same team and product. According to Cursor, in the coming months the two companies will explore connecting their products, for instance with tighter integrations between local development and pull requests and smarter code review that learns from both systems.
The Wilson Sonsini team that advised Cursor on the transaction included:
M&A
Rich Mullen
Ryan Cooper
Hallee Moore
Valerie Lopez
Drew Downing
Client Highlights
11.17.25
Wilson Sonsini Advises Cloudflare in Acquisition of Replicate
On November 17, 2025, Cloudflare, the leading connectivity cloud company, announced it has agreed to acquire Replicate, an AI platform that makes it easy for developers to deploy and run AI models. Wilson Sonsini Goodrich & Rosati advised Cloudflare on the transaction.
Client Highlights
11.17.25
Wilson Sonsini Advises onX on Strategic Investment from TCV
On November 3, 2025, onX, a pioneer in digital outdoor navigation and mapping software, announced a strategic investment from TCV, a leading growth equity firm known for supporting enduring consumer technology brands. The partnership brings additional operational expertise and long-term support as onX continues to scale its suite of adventure-specific navigation apps and redefine the outdoor experience. The company's existing investors, including Summit Partners, Madison Valley Partners, and onX founder Eric Siegfried, will remain active board members. Wilson Sonsini Goodrich & Rosati advised onX on the transaction.
Podcasts
10.16.25
The Corporate Director Podcast Featuring M&A Partner Rich Mullen
In the latest episode of The Corporate Director Podcast, titled “Getting Transaction Ready: Boards, Deals, and Tech in Unpredictable Markets,” Wilson Sonsini M&A partner Rich Mullen and Ranga Bodla, Vice President, Field Engagement and Marketing at Oracle NetSuite, join Diligent’s host Meghan Day to unpack the recently released Transaction Readiness Report, which explores transaction readiness in today’s unpredictable market.
Client Highlights
10.13.25
Wilson Sonsini Advises Fivetran on Merger with dbt Labs
On October 13, 2025, Fivetran, a global leader in automated data movement, announced that it signed a definitive agreement to merge with dbt Labs, a pioneer of modern data transformation, in an all-stock deal. The combined company will be approaching $600 million in annual recurring revenue. The transaction marks significant consolidation in the data tooling market as enterprises race to adapt infrastructure for artificial intelligence applications. Wilson Sonsini Goodrich & Rosati advised Fivetran on the transaction.