Marvell agrees to buy Lumentum in a $115 billion deal

Lumentum shares fell during an election-driven sell-off of AI data center stocks, according to The Information, which says another bidder could emerge or Marvell could offer more cash. DigiTimes reports that the acquisition is expected to close in the first half of 2028 and could increase orders for Taiwanese optical component suppliers.

• Tom's Hardware describes the agreement as an all-stock deal.
• The combination would unite Marvell's networking silicon with Lumentum's lasers and optical manufacturing.

Covered by 3 publishers within 35 hours of the first report.

• Tom's Hardware: Marvell to buy Lumentum in $115 billion all-stock deal

Reporting3

DT DigiTimes Why Marvell's Lumentum deal could send more AI optics orders to Taiwan · Levi Li 7:58 PM

TI The Information Lumentum Sell-Off After Marvell Offer Raises Chance of Alternate Bid · Anita Ramaswamy 1:54 PM

TH Tom's Hardware Marvell to buy Lumentum in $115 billion all-stock deal · Etiido Uko 7:00 AM

Related

RTW Microsoft passes on major expansion of Nscale's Texas computing deal November 5

DCD National Grid buys land in Teesside, UK, for 3.2GW substation to power AI data center November 1

TS Elon Musk's SpaceXSI offers to buy hundreds of homes near its data centers, as long as owners don't sue October 29

RTW AMD revenue reaches $13.4 billion as data center sales rise 97% November 3

Topics Data centers