M&A Deal Summary

Istari Digital Acquires Dgraph

On October 23, 2025, Istari Digital acquired internet software and services company Dgraph from Hypermode

Acquisition Highlights
  • This is Istari Digital’s 1st transaction in the Internet Software and Services sector.
  • This is Istari Digital’s 1st transaction in the United States.
  • This is Istari Digital’s 1st transaction in California.

M&A Deal Summary

Date 2025-10-23
Target Dgraph
Sector Internet Software and Services
Buyer(s) Istari Digital
Sellers(s) Hypermode
Deal Type Divestiture

Target

Dgraph

Palo Alto, California, United States
Dgraph is a distributed, high-performance open-source graph database designed for AI-native workflows. Dgraph is based in Palo Alto, California.

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Buyer(S) 1

Buyer

Istari Digital

Arlington, Virginia, United States

Category Company
Founded 2022
Sector Software
DESCRIPTION

Istari Digital develops a metaverse-based digital twin platform for engineering, enabling simulation, certification, and collaboration across software-enabled physical systems. Istari Digital was founded in 2022 and is based in Arlington, Virginia.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

Hypermode

Palo Alto, California, United States

Category Company
Sector Software
DESCRIPTION

Hypermode is a software holding company that incubates and acquires open-source infrastructure projects. Hypermode is based in Palo Alto, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1