Marvell to Acquire Lumentum in $11.5 Billion All-Stock Deal
Quick Report
Marvell has announced an all-stock deal to acquire Lumentum valued at $11.5 billion.
The transaction would combine Marvell's semiconductor portfolio with Lumentum's optical and photonics technologies. It remains subject to the usual shareholder and regulatory approvals, and the companies will need to integrate operations after closing.
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Source(s)
- TPU