ChipsSilicon Republicabout 1 hour ago
Marvell Acquires Lumentum in $115bn Deal
2 min read
US semiconductor firm Marvell Technology acquires optical provider Lumentum in an all-stock transaction valued at $115bn. The deal, announced on 28 October, represents a 23.9pc premium and marks the second-largest tech deal ever. Shares fell over 10pc by 2 November as the merger aims to combine electrical and optical technologies for AI infrastructure.
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