Today’s M&A deals include announcements on Phenom, Delinea, Cloudflare, among others.
Phenom acquires Included

Phenom acquired Included to expand its talent experience platform with AI-native people analytics and workforce planning capabilities. The strategic intent is to move beyond static dashboards toward agentic, prescriptive intelligence that automates insight generation and workforce decisions. Included’s proprietary algorithms analyze skills, career aspirations, learning data, and workforce signals to deliver forward-looking analytics. By embedding these capabilities into its platform, Phenom aims to position itself as both a talent experience layer and a workforce planning engine. Financial terms were not disclosed, but the acquisition strengthens Phenom’s differentiation in AI-driven HR technology.
Delinea acquires StrongDM
TPG Capital-backed Delinea acquired StrongDM to modernize its privileged access management platform for cloud-native and hybrid environments. The transaction supports Delinea’s strategy to replace standing privileges with just-in-time access controls while extending PAM beyond human users to non-human identities and AI agents. StrongDM’s cloud-native architecture enables centralized, real-time access control across on-premises and cloud systems without reliance on vault-based models. The acquisition addresses emerging security gaps created by distributed infrastructure and AI workloads. Deal terms were not disclosed, but the move positions Delinea to compete more effectively in next-generation identity security.
Cloudflare acquires Human Native
Cloudflare purchased Human Native to strengthen its role in the AI data economy and support fair monetization for content creators. The acquisition adds a licensed data marketplace that allows publishers to control, price, and sell data for AI training. Strategically, Cloudflare is positioning itself as a broker of AI data access rather than only an infrastructure provider. The deal builds on its prior move to block AI crawlers by default, reinforcing its stance on protecting publisher rights. Financial details were not disclosed, but the transaction enhances Cloudflare’s influence in AI governance and data monetization.
THASNIYA VP

