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Lumentum to Join Marvell in AI Optical Connectivity Push
Source: marketbeat.com
M&A & RestructuringArtificial IntelligenceTechnology & Innovation
Marvell said it agreed to combine with Lumentum (NASDAQ: LITE) in a proposed transaction intended to create a larger provider of optical connectivity technology for AI infrastructure. The article gives no transaction value, terms, or expected timing.
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mildly positive
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LITE0.50
MRVL0.50
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