Marvell Technologies in advanced talks to acquire Lumentum

Chipmaker Marvell Technologies is in advanced talks to acquire optical component maker Lumentum Holdings, according to reports from Bloomberg, The Information, and TradingView. Bloomberg reported that an agreement between the two American technology companies could be finalized next week. [1][2][3][4][5][6]

The Information reported that Lumentum has a market capitalization of more than $80 billion, which would make the transaction one of the largest acquisitions in the semiconductor sector. Following reports of the potential buyout, Lumentum stock experienced a price surge as investors reacted positively to the acquisition news, MarketWatch, TradingView, and Investor's Business Daily reported. [1][2][4][6]

Lumentum was established in 2015 as a spinoff from JDSU and manufactures optical and photonic products. Marvell Technologies was founded in 1995 and is headquartered in Santa Clara, California. Marvell develops semiconductors and related technologies, employing nearly 7,500 people with $8.2 billion in annual revenue for fiscal 2026. [7][8]

Bloomberg and finance.biggo.com reported that the potential acquisition is driven by demand for artificial intelligence infrastructure, framing the transaction as an artificial intelligence optics deal. [3][5]