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Marvell to acquire Nvidia-backed Lumentum in $115B all-stock deal

Marvell Technology has agreed to acquire Lumentum, a maker of lasers and optical components for AI data centers, in an all-stock deal valued at $115 billion. The acquisition underscores the growing importance of optical interconnect technology in AI infrastructure. Lumentum is backed by Nvidia, highlighting strategic ties in the AI hardware ecosystem.

AI Brief

This is a major industry consolidation event directly tied to AI data center infrastructure, offering readers insight into the competitive landscape of AI hardware suppliers.

Marvell Technology has agreed to buy Lumentum in an all-stock deal. Lumentum makes lasers and other optical parts for AI data centres.
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