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Marvell Makes Bold Move with $115 Billion Acquisition of Lumentum Amid AI Data Center Expansion

AI News

Marvell Makes Bold Move with $115 Billion Acquisition of Lumentum Amid AI Data Center Expansion

Marvell to buy Lumentum in $115 billion deal in AI data-center bet

Brand Equity

Marvell to buy Lumentum in $115 billion deal in AI data-center bet

Marvell Technology plans to acquire Lumentum for USD 115 billion to enhance its presence in the optical components market. This acquisition is aimed at capitalizing on the ongoing AI spending boom...

Silicon UK

Marvell To Acquire Lumentum In Record $115bn Deal

Chipmaker Marvell in record deal to acquire optical component maker Lumentum, as it targets runaway AI data centre spending

Marvell's history-making deal for Lumentum a test of the AI data center boom

The Stack

Marvell's history-making deal for Lumentum a test of the AI data center boom

The $115-billion all-stock deal hinges on demand for optical networking components to power AI inference.

Marvell gives up a third of itself to buy its laser supplier

TheStreet

Marvell gives up a third of itself to buy its laser supplier

Last week, I described a fading rally in Lumentum Holdings (LITE) shares as the market marking down a takeover premium in real time. On Monday, November 2, 2026, Marvell Technology (MRVL) made it...

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