Marvell Technology Watch posted an update
Marvell has acquired Lumentum, according to Silicon Republic, moving a reported takeover out of the talks stage and into an announced deal. The companies make chips and photonics technology relevant to AI infrastructure, including the optical links used to move data.
Why it mattersSilicon Republic describes it as the second-largest tech deal ever. Its report says shares in both companies fell by more than 10 per cent yesterday following the announcement, a less celebratory market reaction than the headline might suggest. The reported deal is a concrete development in the AI infrastructure supply chain. The available report excerpt does not give its terms, so the scale is clearer than the price tag.
Discuss: Should investors treat this deal as a strategic bet on AI infrastructure, or worry that the market has already priced in too much optimism?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.