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$173.68
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+$1.71 (+0.99%)since US close
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Bloomberg reported that Marvell Technology is in talks to buy data center optics maker Lumentum Holdings, which has a market value of about $83 billion, and that the deal could close next week according to sources.
bloomberg.com ·
Marvell Technology shares fell on Thursday after a report said the chipmaker is in talks to acquire optical-components maker Lumentum.
benzinga.com ·
Bloomberg reported, citing people familiar with the matter, that Marvell is in advanced talks to buy data center optics maker Lumentum, whose market value is ~$83B, with an announcement possible as soon as next week.
techmeme.com ·
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