Marvell agrees to acquire Lumentum for $115 billion in AI infrastructure push

First reported by Bloomberg at · Updated · 11 sources

Lumentum supplies lasers and other optical components for AI data centres, and the companies plan to combine through an all-stock transaction. The $115 billion valuation includes debt, according to The Next Web, while The Globe and Mail says the deal positions Marvell against larger rival Broadcom in AI data-centre hardware.

  • The companies announced the agreement Monday.

Covered by 11 publishers within 6 hours of the first report.

Reporting11

Bloomberg Marvell to Acquire Lumentum in Historic $115 Billion Tech Deal · Ryan Gould, Michelle F. Davis and David Carnevali
Financial Times Marvell to buy data centre component maker Lumentum in $115bn AI bet
The Globe and Mail Marvell to buy Lumentum in $115-billion deal in AI data-centre bet
The Next Web Marvell to buy Nvidia-backed Lumentum in a $115bn all-stock deal · Cristian Dina
The Information Marvell to Buy Lumentum in $115 Billion All-Stock Deal · Valida Pau
Quartz Marvell agreed to buy optical chipmaker Lumentum in $115 billion all-stock deal · Cris Tolomia
CTech Marvell acquires Lumentum in $115 billion push to dominate AI connectivity
CNBC Lumentum CEO touts 'enormous' opportunity in massive AI connectivity deal with Marvell
HPCwire Marvell to Acquire Lumentum in All-Stock Transaction · Andrew Jolly
Light Reading Marvell strikes $115B deal for Lumentum
New York Times Driven by A.I. Boom, Marvell and Lumentum Announce $115 Billion Merger · Don Clark

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Topics BroadcomData centers