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Marvell to acquire Lumentum in $115 billion AI connectivity deal

2 sources
Confirmed by 2
What the 2 sources said
CBS News
“Marvell to acquire Lumentum in $115 billion AI connectivity deal”

Marvell Technology said megadeal for Lumentum will help the merged company serve the growing market for AI data centers.

Read at CBS News
Jornal de Negócios
“Marvell volta às compras. Chega a acordo para adquirir Lumentum por 115 mil milhões de dólares”

A operação será realizada integralmente através de troca de ações, ficando os acionistas da Marvell Technology com 67% da empresa resultante da fusão. A concretizar-se, poderá ser a maior operação de M&A do ano e a maior de sempre no setor tecnológico a nível mundial.

Read at Jornal de Negócios
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