Marvell 1150 亿美元全股票收购 Lumentum，光电融合重构 AI 互连格局

AI & Machine Learning Data Centers Press Release Marvell strikes $115B deal for Lumentum Marvell is acquiring Lumentum in an all-stock deal valued at $115 billion, representing $1,132 per share of Lumentum common stock. #pressrelease November 2, 2026 2 Min Read Marvell Technology, Inc. (NASDAQ: MRVL) and Lumentum (NASDAQ: LITE) today announced that they have entered into a definitive agreement for Marvell to acquire Lumentum in an all-stock transaction. Under the terms of the agreement, Lumentum stockholders will receive a fixed exchange ratio of 4.500 shares of Marvell common stock for each share of Lumentum common stock they own. The transaction has an implied enterprise value of $115 billion for Lumentum, representing approximately $1,132 per share of Lumentum common stock and a premium of approximately 23.9% based on each company's unaffected closing share price as of October 28, 2026, the last trading day before market speculation regarding a potential transaction began. Post-closing, current Marvell stockholders will own approximately 67% of the combined company on a fully diluted basis, while Lumentum stockholders will own approximately 33%. The AI infrastructure industry is at an inflection point. Rapidly growing bandwidth requirements and the physical limitations of copper-based connectivity are accelerating the transition toward optical technologies. As AI infrastructure scales to increasingly complex architectures, particularly scale-up and scale-in, the industry is shifting from discrete, modular components toward highly integrated optical solutions that require much closer co-design of electrical and optical technologies to deliver greater bandwidth, performance and energy efficiency. The combination brings together best-in-breed technology to meet this need, joining Marvell's strengths in electrical and optical interconnect, network switching, custom XPU and XPU attach and advanced semiconductor technologies with Lumentum's expertise in high-performance lasers, optical transceivers, optical circuit switching (OCS) and specialized compound semiconductor manufacturing. Following closing, the combined company is expected to offer a highly complementary portfolio spanning leading-edge CMOS, silicon photonics, compound semiconductors, advanced packaging and manufacturing capabilities. The combination is intended to enable deeper integration and co-design across the electrical and optical signal chain, positioning Marvell to deliver highly optimized connectivity solutions across a wide range of distances, from distributed data centers to connections within advanced semiconductor packages. Read the full press release here . Marvell Want more Light Reading stories in your Google search results? Add Us Now Subscribe and receive the latest news from the industry. Join 62,000+ members. Yes it's completely free. Sign me up Want more Light Reading stories in your Google search results? OFC Conference and Exhibition Experience OFC. Where the industry goes to learn, showcase technologies, forge partnerships and close deals. Registration is Open Popular whitepapers in 5G More whitepapers Sponsored Content Antenna Monitoring for Programmable Performance Antenna Monitoring for Programmable Performance Jan 12, 2026 Sponsored Content Antenna Beam Efficiency in Urban 4G/5G Networks Antenna Beam Efficiency in Urban 4G/5G Networks Nov 17, 2025 Our Latest Videos More videos Wi-Fi Wi-Fi 8, Edge AI and the Introduction of Security and Management services Wi-Fi 8, Edge AI and the Introduction of Security and Management services Cable Technology Harmonic CEO Charts a Pure-Play Broadband Future Harmonic CEO Charts a Pure-Play Broadband Future Regulatory & Politics Featured Story FCC moves to knock down copper network retirement roadblocks in California FCC Chairman Brendan Carr is circulating a proposal that aims to preempt California requirements that conflict with new FCC rules and approvals designed to accelerate the retirement of legacy copper networks. More