Marvell to acquire Lumentum in $115 billion all‑stock deal
Marvell Technology announced an all‑stock acquisition of Lumentum Holdings valued at $115 billion. The transaction is subject to shareholder and regulatory approvals in the United States and China, with the deal expected to close by 2028. TrendForce estimates the combined company would capture nearly 7% of the wired communications market, positioning it behind only NVIDIA and Broadcom.
Why it matters
The acquisition would broaden Marvell’s optical portfolio and could challenge Broadcom’s leadership in optical communications, according to TrendForce. Completion by 2028 would also affect Chinese optical module suppliers, which may face tighter access to laser sources during the regulatory review.
Key facts
- 1Marvell is acquiring Lumentum for $115 billion in an all‑stock transaction. semiconductor-today.com
- 2The deal is expected to be completed by 2028. digitimes.com
- 3Combined market share in the wired communications market would reach nearly 7% after the merger. semiconductor-today.com
- 4The transaction requires shareholder approval and regulatory clearance in the United States and China. semiconductor-today.com
- 5Chinese regulators are focusing on the impact on local optical module suppliers. semiconductor-today.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.