Marvell Buys Lumentum for $115B: Co-Packaged Optics Lands $5B Win Same Day
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Summary
Marvell Lumentum acquisition: Marvell Technology announced a $115 billion all-stock deal to buy photonics maker Lumentum on the same day Lumentum secured a second major co-packaged optics commercial win backed by purchase commitments exceeding $5 billion, proving AI optical connectivity has crossed from promise to commercial reality.
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