Marvell to buy Lumentum in $115 billion deal in AI data-center bet
Marvell Technology is buying optical-components maker Lumentum in a deal valued at $115 billion.
Marvell Technology is buying optical-components maker Lumentum in a deal valued at $115 billion.
The AI infrastructure deal is expected to close during the first half of 2028.
Marvell's planned purchase of Lumentum is one of the biggest acquisitions in tech history. And they both have the same strategic investor: Nvidia.
Here are some of the companies making headlines in midday trading.