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Marvell Reaches $115 Billion Deal for Lumentum Holdings
Source: Bloomberg
M&A & RestructuringArtificial IntelligenceTechnology & Innovation
Marvell Technology agreed to buy data center optics maker Lumentum Holdings at an enterprise value of $115 billion, among the largest technology deals ever. The transaction positions Marvell to capitalize on the AI boom; the article provides no deal terms beyond enterprise value or market reaction.
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