Marvell Technology CEO Says Expect Combined Entity With Lumentum To Become One Of Top Five Largest AI Infrastructure Semiconductor Companies
Marvell CFO says expect transaction to accelerate revenue growth and be accretive to our non-gaap gross and operating margins, inclusive of the $1 billion-plus in run rate synergies that we primarily see from COGS;
Marvell and Lumentum are joining together to become bigger. The CEO thinks this deal will help both companies grow faster and make more money.
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