🇹🇠Thai, 29 October 2026, data center acquisition
Marvell in advanced talks to buy Lumentum in $83 billion deal
Marvell Technology is in advanced talks to acquire Lumentum in an $83 billion deal, creating a large provider of AI chip and optical networking technology.
Lumentum Holdings’ stock surged to $935 after Bloomberg reported that Marvell Technology was in advanced talks to acquire the company in an $83 billion deal.
The deal, if announced, would create a large provider of AI chip and optical networking technology, combining Marvell’s expertise in AI and networking with Lumentum’s optical components.
The acquisition would be a significant move for Marvell, which has been expanding its AI business through its infrastructure and networking technology.