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Marvell and Lumentum reportedly discuss a major deal

· rollingout.com · popularity 18/100 · 0 similar stories today

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Summary

Lumentum Holdings shares surged in after-hours trading Wednesday, Oct. 28, following a report that Marvell Technology was in advanced discussions to acquire the data center optics company. The report, published by Bloomberg and citing people familiar with the matter, said a deal could be reached as soon as the following week. Neither company had publicly […] The post Marvell and Lumentum reportedly discuss a major deal appeared first on Rolling Out .

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