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Marvell Lumentum deal: chipmaker nears buying the $85bn laser maker — Blankdot

thenextweb.com1 week ago

Marvell Lumentum deal: chipmaker nears buying the $85bn laser maker

Marvell Lumentum deal: chipmaker nears buying the $85bn laser maker

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. Davis and David Carnevali…

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