Marvell agrees to buy AI optics maker Lumentum in a $115B all-stock deal
Confirmed
Status
- Claim
Confirmed
- Our reporting
- High confidence
- Importance
- 3 of 5
- Last verified
- 3 November 2026
Your AI and this story
- GPT-6 Astra186 days after its cutoff
- Claude Opus 5.5125 days after its cutoff
- Gemini 4 Argon216 days after its cutoff
- Grok 4.7155 days after its cutoff
None of these four assistants can know about it. The closest, Claude Opus 5.5, stops 125 days before it.
Key facts
- 4.5 Marvell shares per Lumentum share; ~$1,132/share; ~23.9% premium to the Oct 28 unaffected price
- Ownership after closing: Marvell holders ~67%, Lumentum holders ~33%
- Claimed: >$1B annual run-rate cost synergies, $550B combined addressable market
- A Lumentum internal email filed with the SEC values the deal at ~$100B, versus the $115B enterprise value in the press release
What happened
See summary. Regulatory approvals and closing timing not checked.
Sources
3 sources from 2 sites. Numbers match the chips in the text.
3 sources: 2 primary, 1 press
Primary
- SEC: Lumentum 8-K press releasesec.gov, official
- SEC: Lumentum Form 425 (employee email)sec.gov, official
Press
- Reuters: Marvell to buy Lumentum in $115 billion deal (Nov 2)reuters.com, press
Changes
- Filed