Marvell and Lumentum Set to Merge in Landmark $115 Billion AI Deal

AI News

Marvell and Lumentum Set to Merge in Landmark $115 Billion AI Deal

Marvell, Lumentum to merge in biggest deal of 2026

11/02/2026

Marvell Technology has agreed to acquire data centre optics maker Lumentum Holdings in an all-stock deal that values the target at USD115 billion ($164 billion).

Dataconomy

Marvell to buy Lumentum in $115 billion all-stock AI deal

11/02/2026

Marvell is expanding photonics capacity as AI data centers drive demand for faster optical links, intensifying competition with Broadcom.

Coverage dates

First reported: 02 Nov 2026, 14:21 UTC

First saved on ClustZ: 02 Nov 2026, 17:16 UTC

Coverage updated: 02 Nov 2026, 17:16 UTC

Marvell and Lumentum Set to Merge in Landmark $115 Billion AI Deal

Marvell and Lumentum Set to Merge in Landmark $115 Billion AI Deal▲

Marvell and Lumentum Set to Merge in Landmark $115 Billion AI Deal