By Light Acquires Dignitas Technologies

By Light Professional IT Services Acquires Veraxx Engineering Corporation

August 1, 2022

Aerospace & Defense

By Light Professional IT Services, a Sagewind Capital portfolio company, has acquired Veraxx Engineering Corporation, a Chantilly, Virginia-based provider of high-fidelity flight simulation and training technologies for the U.S. Department of Defense. The acquisition expands By Light’s modeling & simulation and synthetic training capabilities; financial terms were not disclosed.

Tricentis Acquires SeaLights

July 17, 2024

Software

Tricentis, the Austin-based leader in AI-powered continuous testing, has acquired Israeli SaaS quality-intelligence provider SeaLights (deal estimated at around $150 million). The acquisition extends Tricentis' quality intelligence capabilities across the CI/CD pipeline, and SeaLights' team and technology will be integrated into Tricentis' platform; SeaLights co-founder Eran Sher joins Tricentis as EVP and General Manager, Quality Intelligence.

Multiverse Acquires Searchlight

April 8, 2024

Software

EdTech company Multiverse has acquired Searchlight, a California-based talent intelligence and skills assessment platform that uses AI to match candidates and close skills gaps. The acquisition will integrate Searchlight's bias-free AI and talent intelligence into Multiverse's apprenticeship and upskilling platform to accelerate AI-driven skills diagnosis and training delivery.

Liongard Acquires DarkLight's Cyio Platform

June 6, 2025

Cybersecurity

Liongard has acquired the DarkLight Cyio platform, an AI-powered vulnerability prioritization and cyber risk solution, to enhance its Attack Surface Management capabilities. The acquisition expands Liongard's platform with real-time threat intelligence, contextual risk scoring, and business-aligned vulnerability insights to better serve MSP and MSSP partners.

Siemens AG Acquires Brightly Software from Clearlake Capital

August 4, 2022

Cloud & SaaS

Siemens AG, via its Smart Infrastructure division, agreed to acquire Brightly Software, a U.S.-based cloud-native enterprise asset management SaaS provider, from Clearlake Capital for $1.575 billion in upfront cash plus up to $300 million in earn-outs. The acquisition strengthens Siemens' digital building and infrastructure software capabilities and expands its SaaS footprint, while Brightly will benefit from Siemens' global scale.

Virtusa Acquires BRIGHT

February 8, 2024

IT Services

Virtusa Corporation has acquired BRIGHT (Bright Consulting), a leading ServiceNow and Splunk partner in EMEA, to strengthen its ServiceNow and Splunk capabilities and expand its presence in Europe. Financial terms were not disclosed; BRIGHT brings roughly 100 consultants (about 70 ServiceNow and 30 Splunk specialists) and expertise in digitalization, SecOps, observability, and AI/ML analytics.