Marvell Acquires Lumentum for $115 Billion on Monday, Betting on AI Optical Connectivity Shift
According to CNBC, Marvell Technology announced on Monday it will acquire optical components maker Lumentum in an all-stock deal valued at $115 billion in implied enterprise value. Lumentum shareholders will receive 4.5 Marvell shares for each Lumentum share held. The transaction is expected to clos
GateNews·11-02 14:25
