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Marvell agreed to buy optical chipmaker Lumentum in $115 billion all-stock deal

Cris Tolomia
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Marvell Technology has agreed to acquire optical chipmaker Lumentum in an all-stock deal valued at $115 billion. The agreement grants Lumentum shareholders a significant stake in the combined entity.

Why it matters

This massive consolidation in the semiconductor industry reflects the ongoing demand for optical networking components driven by AI and data center expansion.

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The deal gives Lumentum holders about 33% of the combined…

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

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