Marvell to acquire Lumentum for $115 billion in record AI connectivity deal as shares fall 3%

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• Hindustan TimesLean L·2h ago

  Marvell to acquire Lumentum for $115 billion in record AI connectivity deal as shares fall 3%

  Marvell will acquire Lumentum for $115 billion in a record deal to expand its AI connectivity business, even as shares of both companies fall.

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