Marvell plans $115 billion acquisition of Lumentum

Published Wednesday, November 11, 2026 · 12:22 PM EST

Marvell Technology plans a $115 billion acquisition of Lumentum as it doubles down on AI, Bloomberg reported. Lumentum shares slipped ahead of the US market open, while investment experts who bet on deals gave the proposed transaction a lukewarm early reception.

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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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