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Marvell to acquire optical components maker Lumentum in $115 billion all-stock deal

Marvell Technology agreed to buy Lumentum, which makes lasers and optical parts for AI data centers, in an all-stock deal valued at about $115 billion including debt, aiming to challenge Broadcom in AI connectivity.

Read the full story at CNBC Technology ↗

Timeline · 10 reports

  1. 2026-11-02 14:20 · CNBC Technology
    Marvell to buy Lumentum in all-stock deal, a massive bet on AI connectivity
  2. 2026-11-02 14:07 · Financial Times AI
    Marvell to buy data centre component maker Lumentum in $115bn AI bet
  3. 2026-11-02 13:21 · Wall Street Journal Technology
    Chip Maker Marvell Agrees to Buy Lumentum in $80 Billion Deal
  4. 2026-11-02 13:07 · The Next Web
    Marvell to buy Nvidia-backed Lumentum in a $115bn all-stock deal
  5. 2026-11-02 12:45 · The Globe and Mail
    Marvell to buy Lumentum in $115-billion deal in AI data-centre bet
  6. 2026-11-02 12:33 · Wall Street Journal Technology
    Marvell to Buy Lumentum for $115 Billion in All-Stock AI Deal
  7. 2026-11-02 12:25 · Reuters AI
    Marvell to buy Lumentum in $115 billion deal in AI data-center bet
  8. 2026-11-02 12:20 · Techmeme
    Marvell agrees to acquire optical components maker Lumentum in a $115B all-stock deal, as it aims to rival Broadcom; Nvidia invested $2B in each company in 2026
  9. 2026-11-02 12:15 · Bloomberg AI
    Marvell Reaches $115 Billion Deal for Lumentum Holdings
  10. 2026-11-02 12:11 · CNBC Technology
    Marvell to buy Lumentum in $115 billion deal in AI data-center bet

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