Skip to main content
Trending storyContinuously updated

Marvell to buy Lumentum for $115B in stock deal

1 reports1 report sources3 hours agoUpdate

Get up to speed on this story

AI Summary

Marvell Technology said it plans to acquire optical component maker Lumentum Holdings for $115 billion, one of the largest tech deals on record. Lumentum shareholders would get 4.5 Marvell shares per share they own. Marvell expects the deal to close in the first half of 2028. CEO Matt Murphy would lead the combined company, and Lumentum CEO Michael Hurlston would join the board with two Lumentum directors. Marvell says it expects the deal to add to adjusted earnings per share within a year of closing.

AI-generated from reports · 2 hours agoUpdate

Latest updatesNov 3 05:05
Marvell to acquire Lumentum for $115B in optical components deal

Report timeline

Follow the reports to understand different sides of the story.

Nov 3
  1. SiliconANGLETop Deals
    Marvell to acquire Lumentum for $115B in optical components deal

    Marvell Technology announced plans to acquire optical component maker Lumentum Holdings for $115 billion.

Trend for this story

Not enough continuous observation data yet; trend chart is not drawn for now.

Subscribe to the newsletters

Free, by email. No account needed. Pick one or both.

No spam. Unsubscribe anytime by emailing team@midu.si. Want alerts and full data? Sign up free (separate from the newsletter). Privacy.

Not investment advice. Midu summarizes public reports and SEC filings for information only. · Free API · Pricing