Marvell to acquire Lumentum for $115bn, expanding total addressable market to $550bn
Data infrastructure semiconductor solutions provider Marvell Technology Inc of Santa Clara, CA, USA has agreed to acquire Lumentum Holdings Inc of San Jose, CA, USA (which designs and makes optical and photonic products for optical networks and lasers) in an all-stock transaction that has been unanimously approved by the boards of directors of both companies...
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