Marvell Technology announced that it will acquire Lumentum Holdings. NVIDIA is reportedly providing funding to both the seller and the buyer, driving up the enterprise value.
Marvell Technology announced that it will acquire Lumentum Holdings in what would be a major acquisition between US companies involved in AI data center components. The transaction is reported to be worth approximately $115 billion.
It has been suggested that NVIDIA is providing funding to both the buyer and the seller behind the transaction, supporting the expansion of the AI ecosystem.
The acquisition could become one of the largest deals on record, and is expected to accelerate activity involving the AI-related component supply chain and systems integration.
The article is available to members only beyond this point, and attention remains focused on the detailed background to the transaction and its future developments.