ChipsCNBC Techabout 2 hours ago
Marvell Acquires Lumentum for $115 Billion
1 min read
Marvell Technology announced Monday it will acquire optical components maker Lumentum in an all-stock deal valued at $115 billion. The transaction closes in the first half of 2028, offering Lumentum shareholders 4.5 Marvell shares per share. This represents a 23.9% premium to pre-leak prices, combining electrical and optical technologies to meet accelerating AI connectivity demands.
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