CBS News·Business

Marvell plans $115 billion Lumentum deal

Summarised by Spiced Kopi · 02 November 2026, 14:23 UTC ·10 sec listen

Marvell Technology plans to buy Lumentum in a deal valued at 115 billion dollars, aiming to strengthen its role in links and components for artificial intelligence data centers as demand for computing infrastructure grows worldwide.

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