Source: International Business Times
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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