Maywell Technology has reached an agreement to acquire data center optical device manufacturer Lumentum at an enterprise value of 115 billion US dollars. This move will create one of the largest mergers and acquisitions in the history of the technology industry to seize the opportunities brought by the artificial intelligence boom. The company said in a statement that after the full stock transaction is completed, Mywell's shareholders will hold 67% of the merged company's shares. This confirms earlier reports that the two companies are close to reaching an agreement. The parties expect the deal to be completed in the first half of 2028. Compiled data shows that in terms of equity value, this will be the largest merger and acquisition deal since this year. Excluding the merger between SpaceX and XAI, it is also the largest deal in the global technology sector. The deal shows that AI is driving mergers and acquisitions in almost every major industry and region, from chip makers and other specialty technology vendors to data center operators and power utilities.

Maywell Technology has reached an agreement to acquire data center optical device manufacturer Lumentum at an enterprise value of 115 billion US dollars. This move will create one of the largest mergers and acquisitions in the history of the technology industry to seize the opportunities brought by the artificial intelligence boom. The company said in a statement that after the full stock transaction is completed, Mywell's shareholders will hold 67% of the merged company's shares. This confirms earlier reports that the two companies are close to reaching an agreement. The parties expect the deal to be completed in the first half of 2028. Compiled data shows that in terms of equity value, this will be the largest merger and acquisition deal since this year. Excluding the merger between SpaceX and XAI, it is also the largest deal in the global technology sector. The deal shows that AI is driving mergers and acquisitions in almost every major industry and region, from chip makers and other specialty technology vendors to data center operators and power utilities.