Marvell to buy Nvidia-backed Lumentum in a $115bn all-stock deal
· thenextweb.com · popularity 19/100 · 0 similar stories today · Corporate News & M&A (Business & Finance)
Read the original at thenextweb.com →
Summary
Marvell Technology has agreed to buy Lumentum in an all-stock deal. Lumentum makes lasers and other optical parts for AI data centres. The two companies valued Lumentum at $115bn, including debt, when they announced the deal on Monday. Lumentum shareholders will get 4.5 Marvell shares for each share they own, the companies said in a […] This story continues at The Next Web
Found in: The Next Web. Rating basis: single outlet; outlet tier 2 (unlisted); 1 feeds; feed position 9.