Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Marvell Reaches $115 Billion Deal for Lumentum Holdings
Politics

Marvell Reaches $115 Billion Deal for Lumentum Holdings

Bloomberg Technology Monday 02 November 2026, 12:15 UTC By Ryan Gould, Michelle F. Davis and David Carnevali 1 min read
Key Points

EXCLUSIVE AI Marvell Reaches $115 Billion Deal for Lumentum Holdings Marvell Technology Inc. has reached a deal to buy data center optics maker Lumentum Holdings Inc. at an enterprise value of $115 billion, one of the biggest tech tie-ups ever, in a race to capitalize on the artificial intelligence boom. The all-stock transaction will give Marvell shareholders 67% of the combined company, according to a statement confirming an earlier Bloomberg News report that the two Silicon Valley...

EXCLUSIVE AI Marvell Reaches $115 Billion Deal for Lumentum Holdings Marvell Technology Inc. has reached a deal to buy data center optics maker Lumentum Holdings Inc. at an enterprise value of $115 billion, one of the biggest tech tie-ups ever, in a race to capitalize on the artificial intelligence boom. The all-stock transaction will give Marvell shareholders 67% of the combined company, according to a statement confirming an earlier Bloomberg News report that the two Silicon Valley companies were nearing a pact.
Marvell Reaches $ (ORG) Lumentum Holdings (ORG) Lumentum Holdings Marvell Technology Inc. (ORG) Lumentum Holdings Inc. (ORG) Marvell (ORG) Bloomberg News (ORG) Silicon Valley (LOCATION)
Originally published by Bloomberg Technology Read original →

Related Stories

US midterm elections 2026: What are they and when will we know the results?

Millions of Americans are heading to the polls on Tuesday, 3 November, for the 2026 US midterm elections. The vote will determine which party controls Congress for the next two years and how much power President Donald Trump will have to advance his political agenda. But what exactly are the midterms, when will the results be known and why do they matter?

Euronews 10m ago

US midterm elections: North Carolina farmers hit hard by inflation

Video content Program Americas US midterm elections: North Carolina farmers hit hard by inflation Issued on: Modified: 06:30 min From the show Reading time 1 min On the eve of the midterm elections, US President Donald Trump's unpopularity is impacting Republicans across the board. Many states with seats once considered Republican strongholds are now on shaky ground.

France 24 16m ago

Intesa Plans to Start Monte Paschi Bid in Last Week of November

EXCLUSIVE Deals Intesa Plans to Start Monte Paschi Bid in Last Week of November Intesa Sanpaolo SpA plans to launch its €33 billion ($37 billion) takeover bid for rival Banca Monte dei Paschi di Siena SpA by the end of this month, according to people familiar with the matter. Intesa plans to start the offer in the week of Nov. 23, the people said, asking not to be identified because the plans aren’t public. The timetable could still change.

Bloomberg Markets 21m ago

Brussels still 'traumatised' by Brexit, EU foreign policy chief warns

The EU and UK are meeting for a summit on November 20th where both sides agree on the need for greater cooperation, but differences remain on how to get there. The UK should focus on participating in the EU's existing defence frameworks in the short term rather than opening talks on rejoining the bloc, the EU's foreign policy chief has said. Kaja Kallas was speaking during a meeting with UK Defence Secretary Wes Streeting, as the two sides seek closer cooperation ahead of the EU-UK summit on...

Euronews 22m ago