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AcquisitionReported

Marvell nears a deal to buy Nvidia-backed Lumentum, Bloomberg reports

Context: 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.

From The Next Web: Chipmaker Marvell Technology is in advanced talks to buy Lumentum, which makes the lasers that move data between AI chips. Marvell would likely pay in shares, and the companies could announce a deal as soon as next week, according to Bloomberg. Ryan Gould, Michelle F.

Source
The Next Web (thenextweb.com)
Published
First seen here
Edition
Thursday, October 29, 2026, ranked 27
Status
A publication reported this; the company may not have confirmed it.
Topics
M&A, Chips, Nvidia