Marvell to acquire optical component maker Lumentum in massive $115B deal (opens siliconangle.com)
Lumentum investors would receive 4.5 Marvell shares for each Lumentum share in the $115 billion deal.
Context: Intel is buying the Israeli quantum-programming software startup; SiliconANGLE puts the price at $2.2B, Bloomberg at about $2.3B.
From SiliconANGLE: Intel Corp. said today it has agreed to the terms of a blockbuster acquisition for the quantum computing software startup Classiq Technologies Ltd. It’ll pay $2.2 billion to buy the Israeli company, making it the second-largest acquisition in its history after its $15.3 billion deal to buy Mobileye…
Lumentum investors would receive 4.5 Marvell shares for each Lumentum share in the $115 billion deal.
Bloomberg reports Marvell is in advanced talks to buy Lumentum, which makes the lasers that move data between AI chips; a deal could be announced as soon as next week.
Sources: Marvell is in advanced talks to buy data center optics maker Lumentum, whose market value is ~$83B; the deal could be announced as soon as next week — Marvell Technology Inc.
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