Marvell Technology announced it will acquire optical components manufacturer Lumentum in an all-stock transaction valued at $115 billion. The combination aims to strengthen Marvell's position in high-speed networking and optical interconnect technology, areas where Broadcom currently dominates.
Nvidia has invested $2 billion in each company, highlighting the strategic importance of optical components to the AI infrastructure market. The deal consolidates suppliers of chips and optical systems used in data centers and AI clusters, where demand for connectivity has surged alongside AI model training.
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