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Marvell Is Said to Near Deal for Lumentum In AI-Related Megadeal
Source: Bloomberg
M&A & RestructuringArtificial IntelligenceTechnology & Innovation
Marvell Technology is in advanced talks to acquire data center optics maker Lumentum Holdings, according to people familiar with the matter. The potential megadeal comes amid efforts to scale up in the AI sector; no transaction value or agreement was reported.
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