Marvell agrees to acquire optical components maker Lumentum in a $115B deal, as it seeks to rival Broadcom; Nvidia invested $2B in both Marvell and Lumentum (Anhata Rooprai/Reuters)
Nvidia has invested $2 billion in each side of the proposed combination.
Marvell’s $115 billion agreement would bring optical-components maker Lumentum into its business. Reuters frames the acquisition as a bid to rival Broadcom. Marvell’s announcement describes the combined company as a leader in AI connectivity.
Techmeme's note
Marvell’s $115 billion agreement would bring optical-components maker Lumentum into its business. Reuters frames the acquisition as a bid to rival Broadcom. Marvell’s announcement describes the combined company as a leader in AI connectivity.
Techmeme's note
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