Marvell Technology has reached a definitive agreement to acquire Lumentum, an optical communications components company, in an all-stock transaction. Lumentum's enterprise value has been disclosed at approximately $115 billion, and the two companies will proceed with preparations for the integration.
On 2 November, Marvell Technology announced that it had reached a definitive agreement to acquire leading optical communications components company Lumentum in an all-stock transaction.
Lumentum's enterprise value has been disclosed at approximately $115 billion (approximately ¥18 trillion).
The two companies are expected to proceed with the details of the acquisition process and regulatory matters.