Factbox-How Marvell and Lumentum stack up in AI's optical race
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- Marvell agrees $115 billion all-stock deal to buy Lumentum
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FILE PHOTO: Matt Murphy, Chairman and CEO of Marvell Technology, speaks to attendees during the Marvell Technology Investor Day in New York City, US, October 6, 2026. REUTERS/Eduardo Munoz/File Photo
Nov 2 (Reuters) - Marvell Technology's $115 billion buyout of Lumentum ranks among the biggest tech deals of the year and highlights the growing demand for the optical hardware that powers AI data centers.
Monday's deal joins two Nvidia-backed companies whose products help move vast amounts of data between AI chips, broadening the custom chipmaker's reach in one of the fastest-growing segments of the semiconductor industry.
(Reporting by Anhata Rooprai, Prathik Jayaprakash and Anzar Mehraj in Bengaluru; Editing by Leroy Leo)
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