Marvell in Final Negotiations to Acquire Lumentum

According to TechFlow, on October 29, Yonhap News Agency, citing Bloomberg, reported that semiconductor company Marvell Technology is in final-stage negotiations to acquire data center optical component maker Lumentum Holdings. Sources said the parties have not reached a final agreement, but the acquisition agreement could be announced as early as next week. Lumentum's market capitalization is approximately $83 billion, and Marvell's market capitalization is approximately $221 billion. If the deal is completed, it would become a mega M&A deal in the AI infrastructure industry.

Source: TechFlow