Marvell Technology to acquire Lumentum in $115 billion all‑stock deal tied to AI data‑center strategy
Corroborated by 7 sources from 7 publishers
TL;DR
Marvell Technology announced an all‑stock acquisition of Lumentum valued at $115 billion, aimed at strengthening its AI data‑center position.
Sources
1
Bloomberg Technology
https://www.bloomberg.com/news/articles/2026-11-02/marvell-reaches-115-billion-deal-for-lumentum-holdings
2
CNBC 100727362
https://www.cnbc.com/2026/11/02/marvell-to-buy-lumentum-in-115-billion-deal-in-ai-data-center-bet-.html
3
CNBC 15838368
https://www.cnbc.com/video/2026/11/02/marvell-technology-to-buy-lumentum-in-all-stock-deal.html
4
Dow Jones U.S. Business
https://www.wsj.com/business/deals/marvell-to-buy-lumentum-for-80-billion-in-all-stock-ai-deal-c9fd43a6?mod=pls_whats_news_us_business_f
5
Financial Times Companies
https://www.ft.com/content/92322fad-f293-48b8-a14b-00506d78eb3b?syn-25a6b1a6=1
6
CBS News MoneyWatch
https://www.cbsnews.com/news/marvell-lumentum-acquisition-ai-connectivity
7
Bloomberg Technology
https://www.bloomberg.com/news/videos/2026-11-02/marvell-to-buy-lumentum-in-115-billion-deal-video
8
Seeking Alpha Market News
https://seekingalpha.com/article/4961010-marvell-the-deal-is-not-a-mistake?source=feed_all_articles
9
CNBC Top News
https://www.cnbc.com/2026/11/02/marvell-lumentum-ai-deal.html
10
TechCrunch
https://techcrunch.com/2026/11/02/in-one-of-the-largest-deals-in-tech-history-marvell-buys-lumentum-for-115b
11
Seeking Alpha Market News
https://seekingalpha.com/article/4961039-marvell-and-lumentum-huge-deal-news?source=feed_all_articles