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Analog Devices to buy Empower Semiconductor for $1.5B; multiple major M&A deals and bankruptcies reported.

Company Fundamentals
22 May 2026
Caroline Ryan
View Source
Bearish
pluang ai news

Analog Devices has agreed to acquire Empower Semiconductor for $1.5 billion in cash, with the deal expected to close in the second half of 2026 pending regulatory approval. Other notable transactions include Shein's acquisition of Everlane for $100 million, NextEra Energy's planned $66.8 billion purchase of Dominion Energy, and Authentic Brands Group's deal to acquire Lee from Kontoor Brands. Several companies, including West Marine and Bitcoin Depot, have filed for Chapter 11 bankruptcy, with West Marine planning to continue operations during restructuring. These developments highlight ongoing consolidation and financial challenges across various industries.

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