Marvell Technology’s $115B Lumentum Deal Accelerates AI Cloud Infrastructure and Fintech Data Demands
Marvell Technology (NASDAQ: MRVL) has reached a definitive agreement to acquire Lumentum in an all-stock transaction carrying an implied enterprise value of $115 billion, the companies announced Monday. Lumentum, a specialist in lasers, optical transceivers, and related photonic components, supplies critical hardware that moves vast… Read More
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