# Marvell to acquire Lumentum in $115B all-stock deal

Marvell Technology has entered into a definitive agreement to acquire Lumentum in an all-stock transaction valued at $115 billion. Lumentum stockholders will receive 4.500 shares of Marvell common stock per share.

- Type: Acquisition
- Announced: 2018-05-25
- Where: United States
- Value: $115.0B
- Status: announced
- Products: AI connectivity solutions, optical technologies
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Marvell Technology, Inc.](https://endata.com/companies/14949.md) (acquirer)
- [Lumentum](https://endata.com/companies/14950.md) (target)
- [Cavium](https://endata.com/companies/28252.md) (target)

## Sources

- [business.sherbrookerecord.com](http://business.sherbrookerecord.com/sherbrookerecord/article/bizwire-2026-11-2-marvell-and-lumentum-to-combine-creating-a-category-leader-in-ai-connectivity), 2018-05-25: "Marvell Technology, Inc. and Lumentum today announced that they have entered into a definitive agreement for Marvell to acquire Lumentum in an all-stock transaction."
- [marvell.com](https://www.marvell.com/company/newsroom/marvell-technology-group-ltd-announces-receipt-of-chinese-regulatory-approval-for-cavium-acquisition.html), 2018-06-27: "China's State Administration for Market Regulation has approved the company's previously announced merger transaction with Cavium, Inc."
- [prnewswire.com](https://www.prnewswire.com/news-releases/marvell-technology-group-ltd-announces-receipt-of-chinese-regulatory-approval-for-cavium-acquisition-300673785.html), 2018-06-28: "Marvell today announced that China's State Administration for Market Regulation has approved the company's previously announced merger transaction with Cavium, Inc."
- [marvell.com](https://www.marvell.com/company/newsroom/marvell-technology-completes-acquisition-of-cavium.html), 2018-07-05: "The next wave of semiconductor growth will be fueled by advancements in the data economy."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.