Marvell to acquire Lumentum in $115B deal to rival Broadcom; Nvidia invested $2B in both
Marvell Technology has agreed to acquire Lumentum in a $115 billion deal to challenge Broadcom in optical networking, per Reuters. Nvidia invested $2 billion in both companies, underscoring how critical optical components are to AI infrastructure buildouts.
Source:
Reuters: https://www.reuters.com/legal/transactional/marvell-buy-lumentum-115-billion-deal-ai-data-center-bet-2026-11-02/
Not financial advice. For informational and educational purposes only.
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