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Marvell to Acquire Lumentum in $115 Billion All-Stock Deal Focused on AI

BloombergView source article

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Marvell to acquire Lumentum for $115 billion in AI data center bet

Marvell Technology agreed to buy optical components maker Lumentum Holdings in a $115 billion all-stock deal, one of the largest tech acquisitions ever, as chipmakers race to capitalize on AI infrastructure demand.

Nov 2, 2026·4 sourcesAlphabetArtificial intelligence infrastructureAI hardwareAI data centersCompute, chips & AI infrastructureAI investmentAI chipsAI bubble concernsMicrosoft
Marvell to acquire Lumentum for $115 billion in AI data center bet
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Other sources for this story

Reuters

Marvell to buy Lumentum in $115 billion deal in AI data-center bet | Reuters

Financial Times

Marvell to buy data centre component maker Lumentum in $115bn AI bet

Axios

Marvell and Lumentum to merge in $115 billion blockbuster