Marvell to acquire Lumentum for $115 billion — one of the largest deals in tech history
Custom chip developer Marvell has agreed to acquire optical components maker Lumentum in an all-stock deal worth $115 billion including debt. Both companies share a major shareholder — Nvidia, which previously invested $2 billion in each. The deal is expected to close in the first half of 2028, subject to shareholder and regulatory approval.
Otabek Yusupov