Marvell wants to be a copper topper, bets $115B on photonics leader to push optical networking
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Summary
Marvell Technology plans to acquire photonics company Lumentum in an all-stock deal valued at $115 billion, expected to close in the first half of 2028. The deal would add laser sources, optical transceivers, optical circuit switches, and indium phosphide manufacturing to Marvell's portfolio.