Marvell to buy Nvidia-backed Lumentum in a $115bn all-stock deal

Marvell Technology has agreed to buy Lumentum in an all-stock deal. Lumentum makes lasers and other optical parts for AI data centres. The two companies valued Lumentum at $115bn, including debt, when they announced the deal on Monday. Lumentum shareholders will get 4.5 Marvell shares for each share they own, the companies said in a […] This story continues at The Next Web

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