API & Integration (iPaaS)

Sinch's fair value estimate has been lifted to about SEK 44.83 from SEK 41.00, a roughly 9.3% increase, as analysts diverge sharply on the company's growth and execution outlook. Cantor Fitzgerald upgraded Sinch to Overweight from Neutral with a SEK 43 price target, while JPMorgan raised its target to SEK 66 from SEK 45 and kept an Overweight rating. On the bearish side, Pareto initiated coverage with a Sell rating and a SEK 35 target, and DNB Carnegie cut the stock to Hold from Buy with a SEK 55 target. The revised valuation also reflects revenue growth moving from about 4.32% to roughly 6.14%, profit margin from about 4.07% to roughly 5.07%, and a future P/E shifting from about 22.82x to roughly 19.32x. The analyst debate centers on Sinch's use of AI, machine learning and partnerships with platforms like Salesforce and Microsoft, the role of omnichannel messaging and RCS rollout in its revenue mix, and execution risks including slow organic net sales growth and competitive pressure in U.S. messaging.

CData Software launched CData Connect AI Gateway, a new control point connecting AI agents and the people who work with them to enterprise systems, available through an early access program beginning September 29, 2026. The Gateway is built on CData's data layer, which already powers Palantir, Google, hundreds of enterprise products and thousands of customers worldwide, and it exposes hundreds of CData-built connectors as governed tools over live systems including SAP, NetSuite, Salesforce, warehouses, databases, and on-premises and legacy environments. It enforces permissions down to the record, validates changes against each system's own business rules before they commit, and routes every request to the most efficient model, with spend attributed and budgeted by team, agent, model and tool. In CData Labs research, prompts run through CData's connectors returned correct results 98.5 percent of the time across CRM, project management, data warehouse and ERP systems, against 65 to 75 percent for competing MCP approaches, and a second study of 22 models found the least expensive returned the same correct answer at 178 times lower cost than the most expensive. Adobe AI Software Lead Padmakar Pasala said CData Connect AI gave its agents live, governed access to applications like SAP, cutting test delivery from 10 weeks of manual effort to about one, a 10x acceleration. CEO and co-founder Amit Sharma said the Gateway answers questions of control from one control point, letting companies hand agents real responsibility and stand behind every answer and every action.

BRC Group Holdings has agreed to acquire all issued and outstanding common shares of Sangoma Technologies Corporation in a transaction valuing Sangoma at an enterprise value of approximately $204 million, or C$289 million. Under the plan of arrangement, Sangoma shareholders will receive $4.925 in cash and 0.04767 of a BRC share for each Sangoma share held, totaling approximately $170 million in cash and approximately $10 million in BRC shares, with current Sangoma shareholders holding approximately 4% of BRC's pro forma outstanding shares. The deal is expected to be partially funded through an amended and restated $215 million senior secured term loan facility at BRC's communications-platform level, with Banc of California as sole lead arranger, bookrunner, and administrative agent, alongside Axos Bank and Israel Discount Bank of New York as lenders, and is not subject to any financing condition. On a combined trailing-twelve-month basis as of June 2026, BRC's communications businesses and Sangoma generated approximately $441 million in revenue, reflecting approximately $241 million from BRC's communications businesses and approximately $200 million from Sangoma, while BRC's communications businesses alone generated approximately $52 million of combined segment income. The transaction, unanimously approved by both boards, requires approval by at least two-thirds of votes cast by Sangoma shareholders plus a simple majority excluding shares required to be excluded under Multilateral Instrument 61-101, along with court and regulatory approvals, and is expected to close no later than early 2027, after which Sangoma shares will be delisted from the Toronto Stock Exchange and Nasdaq and Sangoma will be held within BRC Telecom alongside UOL, magicJack, Marconi Wireless, and Lingo.

Nokia Oyj expanded its partnership with Microsoft to transform telecom automation using unified, AI-driven data operations. The collaboration connects Nokia Data Suite directly with Microsoft Fabric to streamline network data access for global telecom operators. The combined platform is designed to shorten network data retrieval times and support multi-vendor AI use cases such as autonomous assurance and predictive maintenance. The €52.4 billion communications group runs mobile, fixed, and cloud network infrastructure across regions where operators are pushing into AI-driven automation. The clearest proof point to watch is how management attributes AI-driven software and automation bookings in upcoming quarterly updates through 2027, especially any quantified contribution from Microsoft Fabric-based deployments versus traditional network contracts.

Manus is in advanced discussions for a $500 million funding round at a $4 billion valuation, according to Bloomberg, following Beijing's NDRC blocking of Meta's $2 billion acquisition of the firm in April 2026. Co-founders Xiao Hong and Ji Yichao were summoned and barred from leaving China, forcing the company to pivot from a potential US acquisition target into a cornerstone of the domestic Chinese AI ecosystem, though the round is not yet closed and terms remain subject to change. In Seoul, Enhans, which raised a $38 million Series C confirmed in a September 17, 2026 press release, is embedding its AgentOS into Korean manufacturing and finance, with the round co-led by TIMEFOLIO Asset Management and Stonebridge Ventures and strategic participation from POSCO Investment, LG CNS, and Lotte Ventures, whose chaebol groups already run the technology in live production. Huawei, meanwhile, launched its AI Cluster Service and agent-specific tools including Agentic MaaS and the AgentArts platform at HUAWEI CONNECT 2026, with Dr. Peter Zhou emphasizing that infrastructure must evolve to support secure, reliable agent workloads in production; the Agentic Infra paradigm already serves over 3,500 customers, and while AICS is available in China starting September 30, global availability is not slated until November 30. Together these moves signal that the agent market is splitting along regional lines of data structuring, compute hosting, and regulatory oversight, leaving open whether these silos will converge through open standards or harden into permanent, incompatible zones.

IBM expanded its relationship with Turkey's Kredi Kayıt Bürosu on Monday, pushing watsonx and IBM infrastructure deeper into a financial platform operating at enormous scale. KKB plans to deploy IBM data, mainframe and watsonx technologies as it modernizes infrastructure capable of handling more than 8.5 billion transactions annually, a workload that works out to roughly 23.3 million transactions every day. The project spans software-development acceleration, system monitoring, database management and API integration, putting IBM technology directly into a mission-critical financial workload. IBM did not disclose the contract value or a deployment timetable, while second-quarter company revenue increased just 1% to $17.2 billion. IBM shares slipped approximately 0.4% to $248.07 Tuesday morning, a price only 2.23% above the $242.67 GF Value estimate.

Globant has introduced Salesforce's MuleSoft AI Pod, a new delivery model that combines specialized AI agents with human experts to accelerate API-led connectivity and integration, aiming to reduce migration timelines from months to weeks. The offering, accessible through Glob.AI, Globant's AI-native platform, is designed to help enterprises scale agentic AI initiatives like Agentforce by overcoming integration bottlenecks. Benchmarks from current projects indicate up to 80% automation of manual integration tasks, 15–25% faster time-to-value, and 35% greater efficiency in solution design. The AI Pod comes in Lean, Scaled, and Advanced configurations, supporting approximately six, up to 12, and up to 24 integration flows or APIs per month, respectively. Globant, with over 21 years as a Salesforce partner and more than 1,200 projects delivered, is a founding partner of the Agentforce Partner Network and has over 500 Agentforce Certified Experts.

OneRail has launched OmniSTAR, the first AI-powered delivery decisioning platform built with NVIDIA AI, enabling enterprise retailers to offer same-day delivery at a lower cost. The platform, developed with NVIDIA cuOpt and cuDF, evaluates all available delivery options for each order in real time, selecting the lowest-cost option that meets service requirements. OmniSTAR reduces computation time by up to 10 times, compressing a 20-minute problem to under two minutes. It is already deployed with select customers, including US Foods, which used insights to adjust pricing and restructure delivery patterns. OneRail's dataset, built from millions of deliveries across over 12 million drivers and 1,000 logistics partners, supports data-informed recommendations. The platform is part of a multi-year collaboration with NVIDIA through the NVIDIA Inception program.

Workato has announced that Otto by Workato, its autonomous AI superagent, is now available to individuals and teams in Slack, on the web, and via SMS, with a free 30-day trial. This self-serve launch follows the May 2026 enterprise rollout and allows Otto to handle entire projects, not just single tasks, by working autonomously across more than 1,400 business applications. Otto is powered by Anthropic's Claude through the Claude Agent SDK, and it can run marketing campaigns, track deals, or act as a chief of staff. The company says Otto is multiplayer, with each user getting their own agent that can collaborate with others, and it executes actions inside applications like Gmail, Salesforce, and GitLab. Workato's Verified User Access technology governs permissions, and Otto runs 24/7 in the cloud, accessible via text message for audio briefs. Interested users can start free at getotto.ai, with enterprise options available at otto.workato.com.

Stripe has agreed to acquire AI infrastructure startup OpenRouter in a multibillion-dollar transaction that could hand Andreessen Horowitz an extraordinary return. The deal is valued at more than $7 billion according to a supplied report, while Axios separately reported a price above $8 billion, a dramatic increase from OpenRouter's roughly $1.3 billion valuation only months earlier. Andreessen Horowitz invested roughly $20 million and owns more than 17% of OpenRouter, a stake worth about $1.19 billion at a $7 billion purchase price. OpenRouter provides developers with a single interface for accessing hundreds of AI models, and Stripe was already powering its payments infrastructure for millions of AI developers earlier this year.

GreenCore Solutions Corp. and its Asia-Pacific joint venture GSC Agentic announced the general availability of the CPG Knowledge Graph v3.2.0, the knowledge graph for the Beauty & Personal Care segment of the consumer packaged goods sector. The release carries 2 billion resolved sector datapoints and 2.5 trillion answerable questions, and it is already running at production scale with 9.5 million-plus persistent inbound AI Agent transactions per month, sustained for three consecutive months without advertising spend. The knowledge graph serves AI Agents carrying BPC stock-keeping unit information to retail grocery AI Agent buyers, operating on the same machine-to-machine layer where Cloudflare confirmed in June 2026 that AI Agent traffic surpassed human traffic. GSC onboards BPC brands and private label SKUs in three to five weeks to production, compared with three to five months for RAG-based competitor stacks, and the system delivers answers with under 2% error rates versus 15–35% in optimized RAG systems. The release ships on three open protocols—MCP, A2A, and ACM-68000—and is available today on Microsoft Azure across nine countries and on Google Cloud Enterprise in Madrid, with an estimated 15–20% of the world's agentic grocery procurement traffic now running on GSC.

ESW has launched ESW Agentic Commerce, a new solution that enables brands to make their products discoverable and complete transactions within AI-powered shopping experiences, with Microsoft Copilot as the first planned integration. The solution works alongside retailers' existing ecommerce infrastructure, allowing brands to extend their current capabilities into AI-driven channels without replacing their existing platforms. ESW Agentic Hub, the underlying infrastructure layer, makes global commerce capabilities accessible to AI agents and is designed to support additional integrations over time. The offering is available immediately for brands and customers in the U.S., with broader availability planned in the near future. Analysts project agentic commerce will represent a $3 trillion to $5 trillion global opportunity by 2030, while traditional search is expected to decline by 25% as consumers increasingly turn to AI assistants.