#MarvellLumentumDeal

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About MarvellLumentumDeal

Marvell announced an all-stock deal to acquire Lumentum at an implied enterprise value of ~$115B. Each LITE share would be exchanged for 4.5 MRVL shares, with closing expected in H1 2028. Lumentum also released its Q1 FY2027 results early, reporting revenue of $1.263B, up 136.5% YoY and slightly above expectations. The deal aims to combine semiconductor and optical technologies to strengthen AI data center connectivity.