Marvell는 1,150억 달러 규모의 전량 주식 교환 방식으로 Lumentum을 인수하는 데 합의했다. 이번 거래로 Marvell의 광 DSP, SerDes, 실리콘 포토닉스, 네트워킹 실리콘 기술과 Lumentum의 레이저, 트랜시버, 광 스위치, 인듐 인(InP) 제조 역량이 결합된다.

Marvell Technology Inc. has signed a definitive merger agreement to acquire Lumentum at an enterprise value of $115 billion, combining two of the largest players in the data center optics market.

According to a joint press release issued November 2, Lumentum shareholders will receive 4.5 Marvell shares for each Lumentum share they own, which the companies value at about $1,132 per share. That figure represents a 23.9% premium over Lumentum's unaffected closing price on October 28, the last trading day before reports of the deal affected prices.

On completion, Marvell's current shareholders will hold about 67% of the combined company, and Lumentum's shareholders about 33%. Bloomberg reports that the transaction is the second-largest tech deal ever, after the SpaceX-xAI merger. Both companies' boards have unanimously approved the agreement, which is expected to close in the first half of 2028, subject to regulatory and shareholder approval.