Marvell’s $115 Billion Lumentum Acquisition Signals a New Battle for AI Infrastructure
By ABE Magazine | November 2, 2026 Marvell Technology has agreed to acquire Lumentum Holdings in an all-stock deal worth approximately US$115 billion, including debt. The agreement marks a major expansion of Marvell’s artificial intelligence strategy. It also highlights growing competition among companies supplying the technology behind advanced computing systems. The proposed Marvell Lumentum acquisition…