M&A activity continued to recover in December with 20 Work Tech acquisitions announced, including the acquisition of Slack by Salesforce and Pluralsight by Vista. This brings the total number of acquisitions for Q4 2020 to 56 – levels not seen since the peak of 2019. Investments in Future of Work businesses totalled $967M in November across 27 deals, with average investment size of $35.8M. Investments were broad-based, with propensity towards Productivity and Talent Acquisition.
July 31, 2026
Q2 2026 | HR Tech and WorkTech Report: AI-native reset and market realignment
WorkTech entered Q2 2026 in a very different place to a year ago. Valuations have reset, megadeals are being digested, and capital is concentrating in platforms where AI is genuinely core to how work gets done rather than a bolt‑on feature.




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