ChipsFinancial Timesabout 1 hour ago
Marvell agrees to buy Lumentum in $115bn deal
4 min read
Marvell Technology agreed to acquire Lumentum Holdings in an all-stock merger valued at $115 billion including debt. The deal, expected to close in the first half of 2028, involves a fixed exchange ratio of 4.5 Marvell shares for every Lumentum share. Marvell CEO Matt Murphy will lead the combined entity, while Lumentum CEO Michael Hurlston joins the board.
Level
Hype check
Tap to vote and see what everyone thinks.
