Tech / The Next Web ·
Marvell to buy Nvidia-backed Lumentum in a $115bn all-stock deal
November 2, 2026 at 1:07 PM · Source: The Next Web
Marvell Technology has agreed to buy Lumentum in an all-stock deal. Lumentum makes lasers and other optical parts for AI data centres. The two companies valued Lumentum at $115bn, including debt, when they announced the deal on Monday. Lumentum shareholders will get 4.5 Marvell shares for each share…
This story was first reported by The Next Web.
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