Marvell to acquire Lumentum in $115 billion all‑stock deal
Marvell Technology announced an all‑stock acquisition of Lumentum valued at $115 billion, giving Lumentum shareholders 4.500 Marvell shares per Lumentum share (about $1,132 per share) and a 23.9% premium to the October 28 closing price. After the transaction, Marvell shareholders will own roughly 67% of the combined company and Lumentum shareholders about 33%. The deal is slated to close in the first half of 2028, subject to regulatory approvals.





