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Marvell to Acquire Lumentum in Historic $115B Tech Deal
Source: Bloomberg
M&A & RestructuringTechnology & Innovation
Marvell agreed to acquire Lumentum Holdings at an enterprise value of $115 billion, in one of the largest technology deals in history. The deal is aimed at capitalizing on runaway data center spending; the article provides no further transaction terms or market reaction.
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moderately positive
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