Marvell to buy Lumentum in all-stock deal for AI connectivity

CNBC reports Marvell will acquire Lumentum in an all-stock deal aimed at AI connectivity. The deal is expected to close in the first half of 2028.

Timeline

1. 2 Nov, 14:23 UTCCNBC reports Marvell-Lumentum all-stock deal

Top sources

• Marvell CEO touts 'enormous' opportunity in massive AI connectivity bet on LumentumCNBC