Optical components company
Appears in 2 stories · Last updated Nov 9, 2026
Target
Marvell Technology agreed on November 2 to buy Lumentum for about $115 billion in stock, offering 4.5 Marvell shares for each Lumentum share. The value of that fixed exchange ratio has since fallen with Marvell's stock: at the November 6 close it was worth about $635 per Lumentum share, down from $1,132 at signing.
Updated 3 days ago
Being acquired by Marvell in a $115 billion all-stock deal announced Nov 2, 2026; expected to close in the first half of 2028
When engineers double a copper cable's data rate, electrical noise doubles and usable length halves—strangling the AI industry. As graphics processing units (GPUs) push toward 224 gigabits per second per lane, passive copper cables inside data centers reach less than one meter before the signal degrades.
Updated Nov 2
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