https://www.live-feeds.com/feed/marvell-lumentum-tout-historic-115b-deal-to-create-category-leader-in-ai-connectivityContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/marvell-lumentum-tout-historic-115b-deal-to-create-category-leader-in-ai-connectivityhttps://www.live-feeds.com/feed/marvell-lumentum-tout-historic-115b-deal-to-create-category-leader-in-ai-connectivity#u180142Fri, 06 Nov 2026 05:55:20 +0000Marvell Technology will acquire Lumentum in an all-stock transaction with an implied enterprise value of $115 billion. Announced November 2, 2026, the deal aims to merge complementary electrical and optical technologies to create a category leader in AI connectivity. Lumentum shareholders will receive 4.500 shares of Marvell common stock for each Lumentum share. The transaction is expected to close during the first half of 2028. Marvell CEO Matt Murphy described the acquisition as a once in a generation move to expand the company's AI data-center business.Why it mattersThe merger combines