Why Marvell is betting $115 billion on Lumentum’s lasers
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Summary
Chipmaker Marvell Technology is making a massive bet on the future of artificial intelligence. The company agreed on Monday, Nov. 2, to buy laser maker Lumentum in a deal paid entirely in Marvell stock. The deal values Lumentum at $115 billion, making it one of the largest semiconductor mergers in history. What are the terms […] The post Why Marvell is betting $115 billion on Lumentum’s lasers appeared first on Rolling Out .
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