At a glance
Marvell Technology has agreed to acquire Lumentum.123
The transaction values Lumentum at $115 billion.12
The acquisition will be funded entirely using stock.13
The merged companies plan to serve the growing artificial intelligence connectivity and data center market.23
Where sources agree
- Marvell is acquiring Lumentum3 of 3
- The transaction value is $115 billion2 of 3
- The deal will be funded entirely with stock2 of 3
- The focus is on AI connectivity2 of 3
Who covered this
3 National
Sources
Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.
