Marvell and Lumentum officially plan to combine. Here’s what to know.

Marvell Technology announced an agreement to acquire Lumentum Holdings in an all-stock deal targeting the optical-networking market. CNBC reported the transaction is expected to close during the first half of 2028. The deal is financed entirely through Marvell stock.

• MarketWatch — Marvell and Lumentum officially plan to combine. Here’s what to know.
• CNBC — Marvell to buy Lumentum in all-stock deal, a massive bet on AI connectivity

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