Tech article
In one of the largest deals in tech history, Marvell buys Lumentum for $115B
Publisher description: Marvell's planned purchase of Lumentum is one of the biggest acquisitions in tech history. And they both have the same strategic investor: Nvidia.
TechCrunch | Nov 2, 2026 | Julie Bort
Automated excerpt
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. It compares to Microsoft buying Activision Blizzard for $68.7 billion in 2022 and Dell buying EMC for $67 billion in 2016. Later that same month, Marvell announced that Nvidia invested $2 billion in an effort to beef up Marvell’s optical networking and chips portfolio.
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