# Marvell plans $115 billion acquisition of Lumentum

_Published Wednesday, November 11, 2026 at 12:22 PM EST · Products · Latest · Tier 1 — Major_

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.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/videos/2026-11-11/lumentum-slips-on-deal-fossil-group-rallies-on-outlook-video)

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Canonical: https://techandbusiness.org/newswire/XHHeWo9fGn2mE691JhLGRy
Published: 2026-11-11T17:22:07.606Z
Story chronology: 2026-11-11T16:11:04.000Z
Retrieved: 2026-11-12T01:06:50.912Z
Publisher: Tech & Business (techandbusiness.org)