Marvell Agrees to Acquire Lumentum in $115 Billion Stock Swap Deal
Original headline마벨, 1,150억달러 추정 루멘텀 주식 교환 인수 합의
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Marvell (MRVL) has agreed to acquire optical components maker Lumentum (LITE) in an all-stock deal, signing a definitive merger agreement announced Tuesday. Lumentum shareholders will receive 4.500 Marvell common shares per Lumentum share held, at a fixed exchange ratio with no cash consideration. The deal values Lumentum at an estimated $115 billion (approximately 154 trillion won) in enterprise value, representing a roughly 23.9% premium over Lumentum's closing price on October 28, the last trading day before market rumors surfaced. The transaction is significant for the optical components sector, consolidating two major suppliers of photonics and optical transceiver technology amid surging AI-driven data center demand. Post-closing, the combined company's fully diluted share structure will be disclosed, with regulatory approvals and shareholder votes the key milestones to watch before the deal closes.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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