In one of the largest deals in tech history, Marvell buys Lumentum for $115B
TechCrunch | 02.11.2026 19:54
Custom chip designer Marvell has signed a deal to acquire optical chip and networking equipment maker Lumentum in an all-stock deal with an enterprise value of $115 billion (including debt) and an equity value of about $80 billion. Marvell will provide 4.5 shares of its common stock for each share of Lumentum.