U.S. semiconductor giant Marvell agrees to acquire Lumentum at an enterprise value of $115 billion, integrating AI infrastructure semiconductors with optical communications technology

The story

Marvell is reported to have agreed to acquire Lumentum. The enterprise value of the acquisition has been reported at approximately $115 billion.

The acquisition is expected to advance the integration of semiconductors for AI infrastructure and optical communications technology.

No specific transaction terms or timing were provided, and further information is awaited.

At a glance

Business partnerThe acquisition target is the subject of reports concerning an agreement between Marvell and Lumentum

Corporate ValueThe enterprise value is reportedly approximately $115 billion

NatureIntegration of semiconductors for AI infrastructure and optical communications technology is progressing

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