Back to News
Market Impact: 0.35
Marvell in Talks to Buy Nvidia-Backed Lumentum
Source: Bloomberg
M&A & RestructuringTechnology & Innovation
Marvell Technology is in talks to acquire data center optics maker Lumentum Holdings, with a deal potentially closing next week, according to sources cited by Bloomberg. Lumentum has a market value of about $83 billion and is backed by Nvidia; no deal terms were reported.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
neutral
Sentiment Score
0.00
Ticker Sentiment
LITE0.20
MRVL0.30
More News
- Google Erases a Record $500 Billion as AI Eats Into Sales
- Amazon AWS revenue grows 39%, leading to wider margin
- Marvell Is Taking an Audacious $80+ Billion Run at Lumentum
- Nasdaq futures slide as mixed Big Tech results test AI trade
- Nvidia-Backed Marvell, Lumentum Could Be Nearing Deal
- Jefferies reiterates Buy on AMD stock, sees data center upside