Corporate$LITE6:57 AM ETdeveloping · v11

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

By BORSA NewsroomPublished Nov 2, 2026, 6:57 AM ESTUpdated Nov 2, 2026, 6:58 AM EST

Marvell Technology (MRVL) announced a definitive agreement to acquire Lumentum (LITE) in an all-stock transaction valued at $115 billion enterprise value. Lumentum holders get 4.500 MRVL shares per LITE share, a 23.9% premium. Expected close first half 2028.

Sentimentbullish 75

Bullish · 75 of 100

Impact90

high · market-wide

Confidence95%

high confidence · 11 wires

Eventdeveloping

v11 · alerted to followers

WHAT WE KNOW

Definitive agreement announced November 2, 2026.