#marvell

Marvell strikes $115B deal for Lumentum

Marvell is acquiring Lumentum in an all-stock deal valued at $115 billion, representing $1,132 per share of Lumentum common stock. #pressrelease

Light Reading · EN

Marvell to Buy Lumentum In $115 Billion Bet On AI Connectivity

Marvell has agreed to acquire optical components maker Lumentum in an all-stock deal with an implied enterprise value of $115 billion. "AI infrastructure is undergoing a fundamental architectural shift toward optical connectivity, creating an opportunity that comes along once in a generation," said Marvell Chairman and CEO Matt Murphy. "The companies that move first and help define this transition will set the standard for decades to come." CNBC reports: Through the acquisition, Marvell said it can combine electrical and optical technologies to meet accelerating and shifting AI connectivity de

Slashdot · EN

In one of the largest deals in tech history, Marvell buys Lumentum for $115B

Marvell's planned purchase of Lumentum is one of the biggest acquisitions in tech history. And they both have the same strategic investor: Nvidia.

TechCrunch · EN