ChipsTom's Hardwareabout 1 hour ago
Marvell agrees to buy Lumentum for $115 billion
7 min read
Marvell Technology Inc. signs a definitive merger agreement to acquire Lumentum for an enterprise value of $115 billion. Lumentum shareholders receive 4.5 Marvell shares per share, valued at about $1,132. The deal, announced on November 2nd, is expected to close in the first half of 2028 pending regulatory and shareholder approval.
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