Acquisition

GlobalFoundries (GFS) acquired Advanced Micro Foundry (AMF) on Nov 18, 2025, creating the largest pure-play silicon photonics foundry by revenue. The deal expands GF’s 200mm production with plans to scale to 300mm and accelerates silicon photonics capacity in the U.S. and Singapore for AI datacenters and other applications. GF will establish a silicon photonics research center in Singapore with A*STAR, targeting 400Gbps data transfer solutions. This move strengthens GF’s position in the growing silicon photonics market.

IQSTEL (IQST) reported record Q3 2025 revenue of $102.8M, a 90% YoY increase. Nine-month revenue reached $232.6M (+26% YoY). Strategic moves include acquiring 51% of Globetopper and launching AI call center services. While reaffirming 2025 revenue guidance of $340M, the adjusted EBITDA was $683,189. Concerns remain regarding the gap between revenue and EBITDA run rates. The Company forecasts $430M organic revenue for 2026. IQST’s expansion and AI investments demonstrate robust growth, but profitability challenges warrant attention.

Ecopetrol completed its $157.5 million acquisition of Statkraft’s Colombian solar portfolio (0.6 GW) on November 13, 2025, funded by incremental debt. This acquisition advances Ecopetrol’s “Energy that Transforms” strategy, diversifying its energy mix and boosting low-emission generation. Ecopetrol aims to close the acquisition of three wind project entities (0.7 GW) pending fulfillment of conditions. The company now fully owns the solar entities and is integrating them to reduce reliance on fossil fuels. Analysts see this strategic shift as crucial for navigating the evolving energy landscape, though integration challenges and regulatory support remain.

BlueLinx Holdings has acquired Disdero Lumber Company, a specialty lumber distributor, to expand its presence in the high-margin, premium building materials market. Disdero, known for supplying high-end residential projects, will enhance BlueLinx’s product offerings and supplier relationships. Northborne Partners advised Disdero’s parent company, Tumac Lumber, on the deal. The acquisition reflects the ongoing consolidation trend in the lumber distribution industry as companies seek greater scale and market reach.

ConnectM Technology Solutions acquired Geo Impex & Logistics, gaining control of 76 acres near key transportation hubs in Odisha, India. This strategic location, approved for industrial development, will host a multimodal logistics park and an AI-enabled Energy Intelligence Data Center (EIDC). ConnectM aims to integrate its AI energy technology, including Amperics battery technology and Keen Labs’ software, to create a sustainable platform optimizing logistics, power, and data convergence. CEO Bhaskar Panigrahi sees this as a blueprint for sustainable industrial growth.

Metsera, Inc. is facing a lawsuit from Pfizer amid Pfizer’s proposed acquisition of Metsera. Metsera stated they disagree with the allegations and will address them in court. The lawsuit introduces complexity to the acquisition process, potentially delaying or derailing the deal. Experts suggest the suit may involve intellectual property, regulatory compliance, or financial disclosures. The outcome depends on the strength of Pfizer’s claims and Metsera’s defense. The filing with the SEC highlights risks including litigation expenses, regulatory hurdles, and the success of pipeline products.

Benton Resources filed with the TSX Venture Exchange to acquire 100% of Noble Mineral Exploration’s Island Pond Property (175 hectares), contiguous to Benton’s South Pond Gold Zone. The deal includes $30,000 cash and 1,000,000 Benton shares, subject to a four-month hold after approval. The property is subject to a 2% NSR (buyback available to Benton for $1.5M) and a 1% NSR granted to Noble with right of first refusal. No finder’s fees were paid in the arm’s length transaction.

CSG has canceled its Q3 2025 earnings call following NEC Corporation’s announced acquisition of CSG. The deal, pending approvals, signifies NEC’s expansion into customer experience (CX) and billing solutions, leveraging CSG’s SaaS offerings and established customer base. Analysts cite CSG’s recurring revenue model as a key driver for NEC. CSG will suspend future earnings calls and annual guidance, indicating integration with NEC. The acquisition is subject to regulatory reviews, with potential impacts on CSG’s operations and future product roadmap.

Almonty Industries Inc. (ALM) will acquire U.S. Tungsten Inc., granting exclusive rights to the Gentung Browns Lake Tungsten Project in Montana for $9.75 million. Production is anticipated by late 2026, benefiting from existing infrastructure in a historically significant tungsten district. Almonty also agreed to purchase a corporation holding key assets for the project for $250,000. The acquisition aligns with the U.S. strategic imperative to diversify its critical minerals supply, bolstering Almonty’s position as a global tungsten concentrate supplier.

iRobot’s stock plummeted after it warned of financial struggles and the failure to find a buyer. The Amazon acquisition fell through due to regulatory concerns, leaving iRobot facing cash flow issues and debt obligations. Competition from Chinese rivals like Anker and Ecovacs further pressures the company. iRobot is exploring strategic alternatives, but warns it may need to curtail operations or seek bankruptcy protection if it cannot secure additional funding. The company’s stock is down significantly year-to-date, reflecting diminished investor confidence.