Marvell to buy Lumentum in all-stock deal, a massive bet on AI connectivity
All-equity acquisition targets high-speed interconnects for artificial intelligence clusters
Marvell has agreed to take over optical component maker Lumentum in an all-equity takeover focused on advancing artificial intelligence networking capabilities. The transaction represents a major expansion into high-speed connectivity solutions for compute installations. Completion of the acquisition is anticipated during the opening half of 2028.
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This summary was written by the GPU Data Hub desk from reporting published by CNBC Technology on 2 Nov 2026, 14:23. Read the full article at the original publisher.
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