Marvell Technology (MRVL.US) to acquire Lumentum (LITE.US) for $115 billion in the largest M&A deal of the year! Wall Street investment banks emerge as winners as Goldman Sachs' full-year M&A transaction volume tops $1.1 trillion for the first time

Zhitong Finance APP has learned that the artificial intelligence (AI) boom is driving the global M&A market to set new records. Chipmaker Marvell Technology (MRVL.US) announced on Monday that it will acquire data center laser manufacturer Lumentum Holdings (LITE.US) for approximately $115 billion. According to data, in terms of equity value, this transaction is not only the largest M&A deal globally so far in 2026, but also the largest M&A transaction in the global technology industry apart from the merger of SpaceX (SPCX.US) and xAI.