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Marvell Announces $115 Billion Acquisition of Optical Components Maker Lumentum to in Effort to Upgrade AI Speed

Marvell
International Business Times Fews App News Provider
Fews App Post Time Hace 5h

The companies expect the acquisition to close in the first half of 2028, subject to shareholder and regulatory approvals. Courtesy/Lumentum Marvell Technology announced Monday it agreed to acquire optical components maker Lumentum in an all-stock transaction with an implied enterprise value of $115 billion, making a sweeping bet that the artificial intelligence boom will drive sustained demand for faster connections between chips and data centers. Lumentum shareholders will receive 4.

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