Marvell to Acquire Lumentum in $115 Billion All-Stock Bet on AI Optical Links
Marvell Technology has agreed to acquire optical component supplier Lumentum Holdings in an all-stock transaction carrying an implied enterprise value of $115 billion.
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Marvell Technology has agreed to acquire optical component supplier Lumentum Holdings in an all-stock transaction carrying an implied enterprise value of $115 billion.
A wave of corporate consolidation and capital raises linked to artificial intelligence infrastructure is driving significant fees to Wall Street, with Goldman Sachs and Wells Fargo securing lead roles across marquee bond and equity deals alongside Marvell's $115 billion bid for Lumentum.