Marvell agrees to acquire Lumentum for $115 billion

Marvell has announced a definitive agreement to acquire Lumentum for an implied enterprise value of $115 billion, aiming to combine custom silicon design with specialized optical and laser solutions. The megadeal targets a $550 billion total addressable market for end-to-end electrical and optical connectivity in next-generation AI infrastructure. However, the transaction leaves open questions regarding its complex structure and rushed nature. Open article →