M&A: The art of the deal

The Tech Panda takes a look at recent mergers and acquisitions within various tech ecosystems and what that means for industry.

Wysetek Acquires Scalezee to Enhance Cloud and Security Solutions

Wysetek Systems Technologists Pvt. Ltd., an IT infrastructure solutions provider with over 35 years of expertise across India and the Middle East, announced its acquisition of Scalezee Technologies Pvt. Ltd., a specialized DevSecOps and cloud-services firm. This significant acquisition sets Wysetek up to drive its IT managed services expansion by 50%, augmented by Scalezee’s niche application modernization & DevOps services to provide industry-leading, secure, and efficient hybrid cloud solutions to enterprise and mid-market customers.

“Customers want secure, resilient, and efficient operations with predictable outcomes, for their IT modernization projects,” stated Cherian Thomas, Director of Wysetek Systems Technologists. Scalezee’s knowledge of cloud-native technologies and application modernization effectively supports our vision, allowing us to drive transformative results that empower our clients to operationalize excellence.”

K. Krishnakumar, Director of Scalezee Technologies Pvt. Ltd., added, “Joining Wysetek enables us to scale our impact to help our clients build, manage, and support mission-critical, cloud-native applications and adapt a vendor-agnostic approach to Cloud adoption.”

UGRO Capital Acquisition of Profectus Capital Receives RBI Approval

UGRO Capital Limited (NSE: UGROCAP | BSE: 511742), a DataTech NBFC focused on MSME lending, announced that its proposed acquisition of 100% shareholding of Profectus Capital Private Limited (“Profectus”) received approval from the Reserve Bank of India (RBI) on September 17, 2025. Upon completion of transaction, Profectus Capital will become a subsidiary of UGRO Capital Limited and an application for merger will be immediately filed, through which Profectus will be merged into UGRO Capital Limited with an effective date of April 1, 2025.

Shachindra Nath, Founder and Managing Director, UGRO Capital, said, “The RBI’s approval is a critical milestone that validates our strategy and accelerates our mission of solving India’s small business credit gap. Profectus’ complementary portfolio, combined with UGRO’s DataTech underwriting capabilities, will enable stronger profitability, higher secured lending, and inclusive growth across the MSME ecosystem.”

Redis bets on India’s AI momentum as Rowan Trollope, CEO announces Recent Acquisition of Decodable

Redis, the data platform, announced a major expansion of its AI strategy at Redis Released 2025. During his maiden visit to India as CEO of Redis, Rowan Trollope highlighted the company’s AI strategy, and announced new tools and capabilities for the company’s platform, as well as the strategic acquisition of Decodable, while underscoring India’s growing role in Redis’ global innovation roadmap. He emphasized India’s AI-led innovation and its role as a hub for engineering talent, enterprise adoption, and customer growth.

“As AI enters its next phase, the challenge isn’t proving what language models can do; it’s giving them the context and memory to act with relevance and reliability,” said Rowan Trollope, CEO of Redis. “As technology becomes ever more reliant on LLMs, the strategic investment we made in Decodable’s platform will make it easier for developers to build and expand data pipelines and convert that data into context within Redis, so it’s fast and always available in the right place at the right time.”

“India is not only a fast-growing market for Redis, it is also helping to shape the future of AI. With one of the world’s largest startup ecosystems, and millions of developers building intelligent applications, India represents the kind of scale, ambition, and innovation where Redis thrives. As enterprises and startups here embrace AI at unprecedented speed, our focus is on giving them the context, memory, and real-time infrastructure their systems need to be more capable, responsive, and reliable,” Trollope further added.

F5 to acquire CalypsoAI to bring advanced AI guardrails to large enterprises

F5 (NASDAQ: FFIV), announced its intent to acquire a company in enterprise AI security. CalypsoAI’s award-winning platform brings real-time threat defense, red teaming at scale, and data security to enterprises racing to deploy generative and agentic AI. These capabilities will be integrated into the F5 Application Delivery and Security Platform (ADSP) to create the most complete solution for securing AI inference.

“AI is redefining enterprise architecture, and the attack surface companies must defend,” said François Locoh-Donou, President and CEO of F5. “Traditional firewalls and point solutions can’t keep up. The addition of CalypsoAI will give enterprises the confidence to innovate faster and better protect critical data as they rely on F5 to deliver and secure apps, APIs, and AI models across their environment.”

Vertiv acquires Generative AI software Waylay NV

Vertiv Holdings Co (NYSE: VRT), a provider in critical digital infrastructure, acquired Waylay NV, a Belgium-based platform in hyperautomation and generative AI software platforms, as part of its continued investment in AI-driven monitoring and control technologies for its power and cooling systems. Vertiv expects this investment to strengthen its ability to enable customers around the world to increase uptime, optimize energy usage, and enhance operational intelligence across their critical digital infrastructure.

“With the addition of Waylay’s technology and software-focused team, Vertiv will accelerate its vision of intelligent infrastructure — data-driven, proactive, and optimized for the world’s most demanding environments,” said Vertiv’s CEO, Giordano Albertazzi. “We are excited about the operational efficiencies and the resilience that Vertiv’s further augmented predictive capabilities can provide for our customers.”