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Marvell Reaches $115 Billion Deal for Lumentum Holdings

Source: Bloomberg Tech · NOV 02, 2026

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.

IN THIS STORY
  • Lumentum
  • Marvell Technology

Sources

  • Read the original at Bloomberg Tech

On Bluesky

  • Marvell's $115B Lumentum acquisition is one of the biggest tech deals ever and 2026's top M&A deal; Lumentum is up 128% YTD, giving it a ~$76B market cap (Bloomberg) Main Link | Techmeme Permalink

    Techmeme (@techmeme.com) Nov 2, 2026 · 3 likes

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