Marvell in advanced talks to buy Lumentum
According to Bloomberg reports, Marvell Technology is in advanced talks to acquire data center optics maker Lumentum Holdings in what could be one of the largest tech mergers ever. Sources report the transaction may be announced soon amid peak demand for lasers in data centers, though Marvell would likely need to execute a stock deal due to its cash and debt position. Experts note the potential acquisition represents a significant bet on optical connectivity and vertical integration. Open article →