ByteBrief

Best read upright.

We're a portrait publication through and through. Turn your phone back and your briefing picks up right where you left it.

(We tried widescreen once. It wasn't us.)

ByteBrief

Developing9 outlets · over 2 hours

Marvell Agrees to Buy Lumentum for $115bn

Marvell Technology agreed to acquire Lumentum Holdings in an all-stock merger valued at $115bn including debt, closing in the first half of 2028. Nvidia took $2bn stakes in both companies separately. Matt Murphy leads combined entity.

Read the full brief

The story so far4 updates, latest first.

Latest
What changedLumentum posted a $144.2m net income in fiscal 2026 Q3
Marvell to buy Lumentum in all-stock deal, a massive bet on AI connectivity
CCNBC Tech·about 1 hour ago
Marvell to buy data centre component maker Lumentum in $115bn AI bet
FFinancial Times·about 1 hour ago
What changedProjected annual cost synergies exceed $1 billion
Marvell Buys Lumentum for $115 Billion
WWall Street Journal·about 3 hours ago
Marvell Agrees to Buy Lumentum for $115bn
FFinancial Times·about 3 hours ago

Tracked by ByteBrief