[News] Marvell Eyes Lumentum Acquisition in What Could Be One of the 10 Largest Tech and Telecom Deals Ever

Marvell is reportedly considering acquiring Lumentum to expand its product portfolio. Talks between the two Northern California-based companies highlight a wave of mergers and acquisitions fueled by the AI boom, as investors bet on the technology’s enormous growth potential. Lumentum currently has a market capitalization of approximately US$83 billion, compared with Marvell’s US$221 billion. Lumentum produces optical communication lasers and optical transceiver modules, positioning it as a strategically important player in the AI boom. Its growing importanc...