Marvell to Buy Lumentum in $115 Billion All-Stock Deal
Marvell to acquire Lumentum in a $115B all-stock deal, targeting the growing $550B artificial intelligence connectivity market.
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Why It Matters
Marvell is buying another company called Lumentum for lots of money. They want to be stronger in the fast-growing artificial intelligence business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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