The week delivered a strong wave of dealmaking across utilities, healthcare technology, aerospace, marketing data, and semiconductors. Together, these deals represent more than $79.8 billion in disclosed or reported deal value and highlight the importance of monitoring M&A signals in near real time. These notable deals from Qualtrics, Parker-Hannifin, Publicis, and Analog Devices reflected continued consolidation in sectors tied to AI, infrastructure, data, and advanced manufacturing.
Below are the top five M&A deals announced in the week ending May 24th, 2026. The data is sourced from the Intellizence Mergers & Acquisitions Dataset.
| Acquiring Company | Acquired Company | Deal Size |
|---|---|---|
| NextEra Energy | Dominion Energy | $66.8 billion |
| Qualtrics | Press Ganey Forsta | $6.75 billion |
| Parker-Hannifin | Circor Aerospace | $2.55 billion |
| Publicis | LiveRamp | $2.2 billion |
| Analog Devices | Empower Semiconductor | $1.5 Billion |
NextEra Energy to Acquire Dominion Energy for $66.8 Billion
NextEra Energy and Dominion Energy announced a definitive all-stock combination valued at about $66.8 billion, creating what the companies describe as the world’s largest regulated electric utility business by market capitalization. The combined company is expected to serve around 10 million customer accounts across key U.S. growth markets, including Florida, Virginia, North Carolina and South Carolina.
The transaction reflects rising demand for electricity, especially from AI data centers and expanding digital infrastructure.
Qualtrics Acquires Press Ganey Forsta for $6.75 Billion
Qualtrics completed its $6.75 billion acquisition of Press Ganey Forsta, a healthcare experience management company. The acquisition expands Qualtrics’ Experience Management platform by adding deep healthcare data, patient experience insights and regulatory systems.
The deal positions Qualtrics to strengthen its role in AI-powered experience management, especially in healthcare, where patient expectations and digital engagement are becoming increasingly important.
Parker-Hannifin to Acquire Circor Aerospace from KKR for $2.55 Billion
Parker-Hannifin agreed to acquire Circor International’s commercial and defense aerospace business from KKR for $2.55 billion. The business provides flight-critical motion and flow control technologies for commercial and defense platforms.
The acquisition is expected to strengthen Parker-Hannifin’s aerospace systems portfolio and expand its exposure to high-margin aerospace and defense applications.
Publicis to Acquire LiveRamp for $2.2 Billion
Publicis Groupe agreed to acquire LiveRamp for a total enterprise value of about $2.2 billion. LiveRamp is a data collaboration platform that helps companies unify, manage, and activate customer data across digital ecosystems.
For Publicis, the acquisition strengthens its data, technology, and AI services capabilities as marketers prepare for more agentic and personalized business transformation.
Analog Devices to Acquire Empower Semiconductor for $1.5 Billion
Analog Devices announced a definitive agreement to acquire Empower Semiconductor for $1.5 billion in an all-cash transaction. Empower develops high-density power management technologies, including integrated voltage regulators and silicon capacitor solutions for AI compute systems. The deal highlights how AI infrastructure growth is increasing demand not only for chips, but also for advanced power delivery technologies that can support high-performance computing.
What These M&A Signals Mean
The week’s largest deals were driven by three major themes:
- AI infrastructure
- Energy demand
- Data-driven platforms
For sales, customer success, risk, strategy, and market intelligence teams, M&A signals can help identify how companies are changing direction, where capital is flowing, and which sectors are preparing for the next phase of growth.
Track the Latest M&A and Divestment Signals with Intellizence
Intellizence provides structured Mergers & Acquisitions data covering deal announcements, acquirers, acquired companies, deal value, deal type, deal status, and other key data points. The Intellizence M&A dataset includes more than 16 unique data points and is refreshed daily for near real-time deal monitoring. The Intellizence M&A Signals API provides access to ongoing and historical M&A and divestment deal data, making it useful for continuous monitoring, trigger alerts, automated workflows, M&A trend analysis, company relationship graphs, and entity intelligence.
For sales, strategy, investment, corporate development, risk, and research teams, M&A signals can help identify:
- New sales opportunities after acquisitions
- Portfolio or customer risk from ownership changes
- Sector consolidation trends
- Private equity platform-building activity
- Corporate carve-outs and divestiture opportunities
- Competitor expansion moves
- Potential partnership or integration opportunities
Frequently Asked Questions
What is Intellizence M&A Data?
Intellizence M&A data is a structured dataset of global mergers, acquisitions, divestments, and other deal activity. It helps teams track deal announcements, buyer and target companies, deal values, industries, geographies, and transaction signals.
What type of M&A deals does Intellizence track?
Intellizence tracks publicly announced M&A and divestment deals across public and private companies. It sources data from public deal announcements, news articles, press wires, and regulatory filings.
Which M&A deal was related to AI infrastructure?
Analog Devices’ acquisition of Empower Semiconductor was directly tied to AI infrastructure, particularly high-density power delivery for AI compute systems.
How much were the top five M&A deals worth in total?
Together, the top five deals were worth approximately $79.8 billion.
What sectors dominated M&A activity this week?
Utilities, healthcare experience management, aerospace and defense, data collaboration, marketing technology and AI semiconductors were the main sectors represented.
How can I start using Intellizence M&A data?
You can start by exploring Intellizence M&A intelligence through the Web App or API, depending on your workflow and data requirements. Start your trial at intellizence.com/trial.
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