Economics and capital · Exits liquidity
Marvell reportedly agrees all-stock Lumentum acquisition
Marvell reportedly agreed to acquire Lumentum in an all-stock transaction associated with a $26 billion decline in Marvell’s market value.
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Marvell's $115B Lumentum acquisition is one of the biggest tech deals ever and 2026's top M&A deal; Lumentum is up 128% YTD, giving it a ~$76B market cap (Bloomberg)bloomberg.com, Nov 2Marvell agrees to buy optical components maker Lumentum in a $115B all-stock deal, as it seeks to rival Broadcom; Nvidia invested $2B in each company in 2026 (Anhata Rooprai/Reuters)reuters.com, Nov 2