Marvell to acquire Lumentum in $115 billion all-stock deal, steps up challenge to Broadcom amid AI boom
· livemint.com
The deal is among the biggest corporate acquisitions of 2026 and reflects growing confidence among chipmakers that Big Tech's AI spending boom will sustain demand.
Marvell Technology is acquiring optical components maker Lumentum in an all-stock deal valued at $115 billion, including debt, as the US chipmaker looks to stre...