Marvell reportedly in advanced talks to buy Lumentum in all-stock megadeal

Marvell Technology is reportedly in advanced talks to acquire data center optics maker Lumentum Holdings in an all-stock deal, a potential megadeal amid the AI race, per people familiar with the matter. CNBC's David Faber reports the companies are largely agreed on valuation, with a deal possible as soon as next week. Lumentum is worth about $83 billion, Marvell about $221 billion. Neither company has confirmed.

Detected & updated continuously · Source: Nebula