$Marvell Tech(MRVL.US) to acquire $Lumentum(LITE.US) in an all-stock transaction.- Implied enterprise value of $115 bill…
$Marvell Tech(MRVL.US) to acquire $Lumentum(LITE.US) in an all-stock transaction.
- Implied enterprise value of $115 billion for Lumentum.- Lumentum stockholders will receive 4.5 shares of Marvell common stock for each share of Lumentum common stock.- This represents ~$1,132 per share of Lumentum common stock and a premium of approximately 23.9% based on each company’s price as of October 28, 2026.- Marvell stockholders will own ~67% of the combined company. Lumentum stockholders will own ~33%.- Matt Murphy to remain as CEO of the combined company.- Transaction expected to close in H1 2028, subject to shareholder and regulatory approvals.The copyright of this article belongs to the original author/organization.
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