May 2026 M&A Recap: Security and AI Remain Top Priorities

May 2026 M&A Recap: Security and AI Remain Top Priorities

May’s top IT channel acquisitions include WatchGuard, Torq, Asana, and Dragos, highlighting growth in AI, cybersecurity, and cloud services.

Written By
Jordan Smith
Jordan Smith
Jun 5, 2026
6 minute read
Channel Insider content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

WatchGuard, Torq, and Asana are just a few organizations that have made strategic acquisitions in the IT ecosystem to expand their capabilities and provide more services to a greater number of customers.

Before we reach the summer months, take stock of the mergers and acquisitions in the channel from May.

Security consolidation continues as firms focus on cloud and AI threats

WatchGuard to acquire Perimeters.io

In an effort to scale cloud security for MSPs, WatchGuard has acquired Perimeters.io, a provider of cloud application security.

“MSPs are telling us they need cloud security now. Not in a year and not bolted onto enterprise tools that don’t fit their business,” said Joe Smolarski, CEO of WatchGuard Technologies. “By acquiring Perimeters.io, we’re delivering cloud detection and response that is built for MSPs: scalable by design, affordable to offer, and aligned with how MSPs actually work.”

According to WatchGuard, this acquisition reinforces its commitment to delivering practical, scalable cybersecurity purpose-built for MSPs.

Additionally, at acquisition, the service supports over 40 applications, including Microsoft 365, OpenAI, HubSpot, ConnectWise, Salesforce, Google Workspace, and Jira.

“Perimeters was built to solve some of the hardest problems in cloud security,” said Yaniv Hen, Co-Founder and CEO of Perimeters. “WatchGuard brings the MSP focus, platform depth, and scale needed to turn that innovation into real-world impact.”

Advertisement

Torq acquires Jit

Torq, an agentic security operations leader, has announced the acquisition of Jit, an AI Context Graph cybersecurity provider.

Via this acquisition, the Torq AI SOC Platform will ensure agentic investigations are precisely informed by organization-specific contextual data.

“Today’s announcement is more than an acquisition – it’s a defining moment for Torq and the future of security operations,” said Ofer Smadari, CEO and co-founder of Torq. “By uniting Jit’s groundbreaking AI Context Graphs and Agentic technologies with the Torq AI SOC Platform, we’re creating the ultimate proactive cybersecurity defensive offering. With the enhanced Torq AI SOC Platform, enterprises can focus on the right priorities and resourcing, with the knowledge that our new AI Context Graph is delivering unprecedented organization-specific clarity, adaptability, and protection in a world where every second counts.”

The integration of Jit’s AI Context Graph technology enables Torq’s AI SOC Platform to serve as a unified intelligence and execution layer across the entire cybersecurity stack.

Dragos acquires Phosphorus

Cybersecurity for operational technology (OT) environments organization, Dragos, announced that it has acquired Phosphorus.

Through this acquisition, the Dragos Platform will be extended to protected connected devices embedded across critical infrastructure and other operational networks.

“The connected devices you find everywhere in critical infrastructure are largely invisible to the cybersecurity programs that protect operational environments,” said Robert M. Lee, CEO and Co-Founder of Dragos. “With Phosphorus, we close that gap and secure xOT, the full environment that matters.”

Phosphorus will extend Dragos’ capabilities to secure connected devices across the full xOT environment, delivering deeper device visibility, automated remediation, and continuous risk reduction.

“We built Phosphorus to solve the connected device problem – the unmanaged devices, the default credentials, the firmware no one was updating. Together with Dragos, we can solve it with a depth and scale that wasn’t possible before. That’s what the next generation of OT cybersecurity looks like,” said Sonu Shankar, President and COO of Phosphorus.

Advertisement

Paessler to acquire UVnetworks

Paessler, an IT and OT monitoring software company, has announced the acquisition of UVnetworks to expand network visibility and incident response capabilities. 

By adding UVexplorer to Paessler’s monitoring platform, PRTG will gain expanded capabilities with automatic network topology, dependency visualization, and configuration change tracking – delivering enhanced network context during incident investigations.

The enhanced capabilities will help teams reduce mean time to resolution, minimize manual investigation, and prevent cascading outages before they impact business operations.

“Modern infrastructure is increasingly distributed, interconnected, and difficult to troubleshoot,” said Jason Teichman, CEO of Paessler. “Bringing UVexplorer into PRTG adds critical topology, dependency, and change intelligence directly into the monitoring workflows teams already rely on. With PRTG and UVexplorer, Paessler is building a more context-aware foundation for the next generation of AI-assisted monitoring and incident response.”

Additionally, the acquisition expands Paessler’s global footprint to over 30,000 customers and over 500,000 users worldwide.

Infoblox expands preemptive security with Axur acquisition

Infoblox recently completed its acquisition of Axur, a global provider of AI-powered external threat discovery and digital risk protection.

Infoblox will expand its preemptive security capabilities through this acquisition, addressing a growing class of digital threats and risks across the external attack surface that are outside customers’ direct control.

“Infoblox is extending its leadership in preemptive security by expanding its ability to take down malicious infrastructure before it can be weaponized against enterprises,” said Scott Harrell, president and CEO of Infoblox. “By combining Axur’s external threat discovery, takedown, and threat intelligence with Infoblox’s DNS-based security and intelligence, we expand Infoblox’s preemptive protection beyond enterprises’ perimeter and into arenas like social media, app stores, and the dark web.”

Infoblox Threat Intel will also be enhanced by the acquisition through the incorporation of complementary skills, research capabilities, and data sources.

“This is an important milestone for Axur,” said Fabio Ramos, CEO of Axur. “Becoming part of Infoblox allows us to scale our mission globally and combine external threat intelligence with deep network insight to deliver a more proactive, measurable approach to security, and establish the foundation for managing threats across the full attack surface.”

Advertisement

AI-focused acquisitions target testing and deploying

Asana is acquiring StackAI

Operating system for human-agent teams, Asana, is acquiring StackAI, a no-code AI workflow platform that enables companies to design, test, deploy, and govern custom AI agents and to automate business-critical workflows.

“This acquisition accelerates our roadmap and marks the next phase of human-agent work,” said Dan Rogers, CEO of Asana. “We’re seeing real momentum with AI Teammates and AI Studio: customers are augmenting their teams with purpose-built agents that take on everyday work and use AI Studio to build automations around highly repetitive processes like request intake and task routing. StackAI now lets them go further, agentifying the most complex business processes end-to-end, across every system and tool their business runs on. This is an incredibly exciting time for Asana. We’re primed to help enterprises unlock the real productivity promise of AI.”

Pairing StackAi and Asana creates a cross-system execution platform where teams already plan and run their work, alongside the context, ownership, and history of every project.

“StackAI was built on a simple conviction: AI creates ROI for enterprises when agents can specialize and reach into the systems where business actually runs,” said Tony Rosinol, Co-founder, StackAI. “Joining Asana is the moment our offering scales. We bring the cross-system workflow engine; Asana brings a company’s entire business context, memory, team workflows, and governance – along with an established enterprise sales motion and thousands of customers waiting for exactly what we’ve built.”

OPAQUE acquires tech from TII

OPAQUE, a Confidential AI company, has acquired advanced cryptographic AI technologies from the Technology Innovation Institute (TII), an applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC).

The acquisition adds two capabilities to OPAQUE’s platform: confidential AI model training powered by advanced cryptographic techniques such as multi-party computation and fully homomorphic encryption, along with post-quantum cryptographic protections.

“The future of AI depends on unlocking the data organizations have never been able to touch,” said Ion Stoica, Co-founder of OPAQUE. “Most enterprises sit on a corpus of data too sensitive to use and too valuable to ignore. With this acquisition, OPAQUE is the only platform delivering hardware-attested cryptographic evidence across the full AI lifecycle – training, fine-tuning, inference, and agents – with protections engineered to withstand quantum-era threats. That combination doesn’t exist anywhere else in the market today.”

Further, the acquisition extends OPAQUE’s confidential AI platform across training, fine-tuning, inference, and AI agent execution.

Jordan Smith

Jordan Smith is a news writer who has seven years of experience as a journalist, copywriter, podcaster, and copyeditor. He has worked with both written and audio media formats, contributing to IT publications such as MeriTalk, HCLTech, and Channel Insider, and participating in podcasts and panel moderation for IT events.

Channel Insider Logo

Channel Insider combines news and technology recommendations to keep channel partners, value-added resellers, IT solution providers, MSPs, and SaaS providers informed on the changing IT landscape. These resources provide product comparisons, in-depth analysis of vendors, and interviews with subject matter experts to provide vendors with critical information for their operations.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.