Valuation

What Is a Data Infrastructure Company Worth in 2026?

By Aaron Whittaker, Founder Published September 10, 2026 | Updated October 24, 2026 Deal data as of October 12, 2026

What changed in October 2026: added a new FAQ on cross-border deal share and refreshed the tracked deal counts from the ProCloser Tech M&A Deal Index.

The data answer

The ProCloser Tech M&A Deal Index tracked 181 data infrastructure acquisitions announced in 2026, each documented to a public source. 38 disclosed a price; the median disclosed value is $104M. That median describes the visible top of the market, because disclosure skews toward large transactions. What your company is worth depends on the drivers below, and the honest way to estimate it is against real comparable deals plus your own numbers in the valuation calculator.

What the 2026 deal data shows

181

Tracked 2026 data infrastructure deals
ProCloser Deal Index, primary-source documented

$104M

Median disclosed value
Across 38 deals that published a price

89%

Strategic buyers
Share of deals with identified buyer type

Data infrastructure companies sell into one of the strongest strategic bid environments in technology. Platform acquirers pay for capability they would otherwise build, which means valuation depends less on current revenue and more on how critical the component is to workloads buyers care about.

The largest priced data infrastructure deals of 2026

Of the 181 data infrastructure acquisitions the ProCloser Tech M&A Deal Index tracked through Oct 12, 2026, 38 (21%) disclosed a price. The five largest are below, each linked to its public source.

Announced	Target	Buyer	Value	Source
Feb 27, 2026	atNorth	CPP Investments and Equinix	$4B	prnewswire.com
Jul 1, 2026	Cognite	Schneider Electric	$3.10B	forrester.com
May 17, 2026	LiveRamp	Publicis Groupe	$2.50B	sec.gov
Aug 5, 2026	SkyWater Technology	IonQ	$1.80B	sec.gov
May 19, 2026	Empower Semiconductor	Analog Devices	$1.50B	sec.gov

What actually moves the number

Position in the stack: closer to storage, movement or governance of production data earns more
Consumption revenue growth and net expansion
Developer adoption as a leading indicator strategics price
Standalone durability if hyperscalers ship a competing primitive

Strategic acquirers took the large majority of tracked deals in this segment.

How to get a real estimate

Three steps beat any rule of thumb. First, run your revenue, EBITDA and sector through the ProCloser valuation calculator for an indicative range. Second, look at actual comparable transactions in the deal index rather than survey multiples. Third, remember that the spread between a bilateral offer and a competitive process is usually larger than the spread between valuation methods; our advisor rankings cover who runs those processes for companies like yours.

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Tech M&A deal data for Data infrastructure

The ProCloser Tech M&A Deal Index lists 179 public Data infrastructure deals. 38 of 179 (21%) disclose a transaction value; the rest are reported with the parties named but no price attached.

By disclosed-value size bucket: Undisclosed: 141 (79%); Under $20M: 11 (6%); $20M to $200M: 10 (6%); Over $1B: 9 (5%); $200M to $1B: 8 (4%).

The five most active acquirers on record in this sector: NetApp (3 deals), Databricks (2 deals), Nasuni (2 deals), d-Matrix (2 deals), Nscale (2 deals).

12 most recent Data infrastructure deals on record
Date	Target	Acquirer	Disclosed value	Sell-side advisor	Source
2026-10-22	Octus	London Stock Exchange Group (LSEG)	$3.5B	not publicly credited	Source
2026-10-16	INRIX	Arity	undisclosed	not publicly credited	Source
2026-10-16	SIMPL Wireless	CSL Group	undisclosed	not publicly credited	Source
2026-10-14	Nokia’s Enterprise Campus Edge business	Aurelius	undisclosed	not publicly credited	Source
2026-10-13	Jitsu	Helium Ventures	undisclosed	not publicly credited	Source
2026-10-12	Princeton Digital Group's enterprise data center business in Indonesia	SM+	undisclosed	not publicly credited	Source
2026-10-08	select IBM VMware Cloud Service Provider enterprise customers	11:11 Systems	undisclosed	not publicly credited	Source
2026-10-08	FastNEAR	SVRN	undisclosed	not publicly credited	Source
2026-10-07	Digital Audience	Zeta Global	undisclosed	not publicly credited	Source
2026-10-06	the special purpose vehicle (SPV) that owned the cluster	Axe Compute	$87.6M	not publicly credited	Source
2026-10-06	TraderMade Systems Ltd	Quantum X Inc.	$550K	not publicly credited	Source
2026-10-05	SmartHop	Optimus Technology	undisclosed	not publicly credited	Source

Advisors credited on the most Data infrastructure deals on record:

Jefferies (4 credited deals)
BofA Securities (2 credited deals)
Morgan Stanley (2 credited deals)
Baird (1 credited deal)
Bank of America (1 credited deal)
Bank Street Group (1 credited deal)
Barclays (1 credited deal)
Berenberg (1 credited deal)
Carlsquare (1 credited deal)
Citi (1 credited deal)
D.A. Davidson (1 credited deal)
DNB Carnegie (1 credited deal)
Equirus Capital (1 credited deal)
Fifth Third Securities (1 credited deal)
Goldman Sachs (1 credited deal)
Guggenheim Securities (1 credited deal)
Houlihan Lokey (1 credited deal)
J.P. Morgan (1 credited deal)
Keefe, Bruyette & Woods (1 credited deal)
KippsDeSanto (1 credited deal)
KPMG (1 credited deal)
LionTree (1 credited deal)
Mizuho (1 credited deal)
Moelis & Company (1 credited deal)
Novistra Capital (1 credited deal)

Source: ProCloser Tech M&A Deal Index, updated 2026-10-24T10:44:39Z.

Frequently Asked Questions

What is the average sale price of a data infrastructure company in 2026?

Across 181 tracked 2026 data infrastructure acquisitions in the ProCloser Tech M&A Deal Index, 38 disclosed a price, with a median disclosed value of $104M. Treat that number carefully: companies that disclose skew large and public. Most founder-scale deals never publish a price, so the true market median sits well below the disclosed one.

Who buys data infrastructure companies?

In tracked 2026 transactions, strategic acquirers accounted for roughly 89% of data infrastructure deals with an identified buyer type, with private equity taking most of the rest. 40 of the 181 tracked deals crossed a border, so a well-run process usually includes foreign buyers.

Which data infrastructure acquisitions had the highest disclosed price in 2026?

In the ProCloser Tech M&A Deal Index, the largest disclosed data infrastructure prices through Oct 12, 2026 were atNorth, bought by CPP Investments and Equinix for $4B; Cognite, bought by Schneider Electric for $3.10B; LiveRamp, bought by Publicis Groupe for $2.50B. 38 of 181 tracked data infrastructure deals (21%) disclosed any price, so these describe the top of the market, not a typical sale.

Why do disclosed deal values overstate what typical companies sell for?

Because disclosure is selective. Press releases publish prices when a public company, large sponsor or regulator requires it, which concentrates disclosure among the biggest transactions. Founder-scale deals routinely close without a published number. Any median built on disclosed values describes the visible top of the market, not the middle.

How many 2026 data infrastructure deals crossed a border?

40 of the 181 tracked 2026 data infrastructure acquisitions involved a buyer or seller headquartered in a different country, 22% of the tracked set. A cross-border share that high means a seller who limits outreach to domestic buyers is skipping a meaningful slice of the realistic buyer pool.

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