# Marvell Technology to buy Lumentum in $115 billion deal

Marvell Technology is acquiring optical-components maker Lumentum in a deal valued at $115 billion, announced on Monday, to strengthen its AI data-center business.

- Type: Acquisition
- Announced: 2023-05-25
- Where: United States
- Value: $115.0B
- Status: announced
- Products: optical components, custom AI chips, networking technology
- 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)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/broadcom-NSQ:AVGO/news/marvell-to-buy-lumentum-in-115-billion-deal-in-ai-data-center-bet-01a19c30-5afd-767c-847f-33ab544a6ead/), 2023-05-25: "Marvell Technology MRVL.O is buying optical-components maker Lumentum LITE.O in a deal valued at $115 billion"

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