Marvell reportedly seeks deal to acquire optics maker Lumentum

The chipmaker is in advanced acquisition talks with Lumentum, which makes data center optics, according to Bloomberg. The Information reported that Lumentum's market capitalization exceeds $80 billion, putting a potential purchase among the largest semiconductor deals. Bloomberg linked the discussions to the race to expand in artificial intelligence.

Covered by 2 publishers within 1 hour of the first report.

• The Information: Marvell in Talks to Buy Lumentum

Reporting2

BL Bloomberg Marvell Is Said to Near Megadeal for Lumentum in AI Push · Ryan Gould, Michelle F. Davis and David Carnevali 5:05 PM

TI The Information Marvell in Talks to Buy Lumentum · Valida Pau 6:18 PM

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Topics Data centers