https://www.live-feeds.com/feed/marvell-reaches-115-billion-deal-for-lumentum-holdingsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/marvell-reaches-115-billion-deal-for-lumentum-holdingshttps://www.live-feeds.com/feed/marvell-reaches-115-billion-deal-for-lumentum-holdings#u176066Thu, 05 Nov 2026 02:21:06 +0000Marvell Technology announced on 4 November 2026 that it will acquire Lumentum Holdings in an all-stock transaction valued at $115 billion. Under the terms of the deal, Lumentum shareholders will receive Marvell stock rather than cash. Marvell management stated the acquisition is a strategic bet on optical technologies required for AI data center infrastructure. The move aims to combine the two businesses to better power AI data centers through optical links.Why it mattersThis acquisition represents a massive investment in the hardware layer of artificial intelligence. Optical connectivity is e