ChipsHotEV: ~US$115B

Marvell to buy Lumentum in an all-stock deal valued at about US$115 billion

Source: Light Reading (company press release); Mon, Nov 2, 2026

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Marvell and Lumentum announced a deal on 2 November: 4.5 Marvell shares per Lumentum share, about US$1,132 each and a 23.9% premium, for an implied enterprise value of US$115 billion. It combines electrical and optical interconnect for AI data centres, targets over US$1 billion of annual cost synergies and should close in the first half of 2028, pending approvals. Not a Chinese deal; global context.

Read original ↗Source: Light Reading (company press release) · Opens the source in a new tab

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Marvell to buy Lumentum in an all-stock deal valued at about US$115 billion

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