Finance2 Nov 2026
Marvell to Acquire Optical Specialist Lumentum in Landmark $115 Billion Megadeal
Marvell Technology has struck a definitive agreement to acquire optical components maker Lumentum in an all-stock transaction carrying an implied enterprise value of $115 billion. The combination represents one of the largest technology mergers in corporate history and directly targets the physical bottlenecks of artificial intelligence data centers. Wall Street greeted the transaction with immediate skepticism, sending shares of both companies lower amid dilution worries and regulatory scrutiny ahead of a planned 2028 closing.
By NeuraFeed