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Marvell and Lumentum to Combine, Creating a Category Leader in AI Connectivity

Source: Business Wire · Nov 02, 2026 12:05 UTC

The Quick Take

SANTA CLARA, Calif. & SAN JOSE, Calif.--(BUSINESS WIRE)--Marvell Technology, Inc. (NASDAQ: MRVL) and Lumentum (NASDAQ: LITE) today announced that they have entered into a definitive agreement for Marvell to acquire Lumentum in an all-stock transaction. Under the terms of the agreement, Lumentum stockholders will receive a fixed exchange ratio of 4.500 shares of Marvell common stock for each share

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Ground Level News aggregates headlines from public feeds. This page shows a short summary only; the full article and all rights belong to Business Wire.

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