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<p>Marvell $MRVL to Acquire Lumentum $LITE  in a $115B AI Data Center Deal

Marvell will acquire Lumentum in an all-stock deal, offering 4.5 Marvell shares per Lumentum share (a 23.9% premium).
The combined company aims to capture the booming AI infrastructure market, combining Marvell's AI chips and networking with Lumentum's lasers and optical technology.

Target: Over $1B in annual cost savings and earnings growth following the expected 2028 close. 
Note: developing story, may contain mistakes</p>

Marvell $MRVL to Acquire Lumentum $LITE  in a $115B AI Data Center Deal
Marvell will acquire Lumentum in an all-stock deal, offering 4.5 Marvell shares per Lumentum share (a 23.9% premium).
The combined company aims to capture the booming AI infrastructure market, combining Marvell's AI chips and networking with Lumentum's lasers and optical technology.
Target: Over $1B in annual cost savings and earnings growth following the expected 2028 close. 
Note: developing story, may contain mistakes

Marvell $MRVL to Acquire Lumentum $LITE in a $115B AI Data Center Deal Marvell will acquire Lumentum in an all-stock deal, offering 4.5 Marvell shares per Lumentum share (a 23.9% premium). The combined company aims to capture the booming AI infrastructure market, combining Marvell's AI chips and networking with Lumentum's lasers and optical technology. Target: Over $1B in annual cost savings and earnings growth following the expected 2028 close. Note: developing story, may contain mistakes

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