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Marvell agrees to buy Lumentum at $115 billion enterprise value

Marvell Technology has reached a deal to buy data center optics maker Lumentum Holdings at an enterprise value of $115 billion, Bloomberg reported. The agreement is one of the biggest technology tie-ups ever and comes as the companies seek to capitalize on the artificial intelligence boom.
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Bloomberg Technology
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Capital

Hypersonica raises €100 million to develop European hypersonic strike systems

British-German defence company Hypersonica has secured €100 million in Series B funding to accelerate development of its hypersonic deep-strike systems. Lightspeed and General Catalyst co-led the round, with participation from existing investors including Plural and 201 Ventures.

EU-Startups
Capital AI
Capital AI

Roleo raises €2.9 million to expand AI career service in Europe

Estonian startup Roleo has raised €2.9 million to expand its AI career service across Europe and develop its product. Practica Capital led the round, with participation from Inventure, bringing total funding to €3.46 million.

EU-Startups