Marvell to buy Lumentum in all-stock deal to unite electrical and optical AI connectivity
Marvell agreed to acquire optical-networking maker Lumentum in an all-stock deal that implies an enterprise value of about $115 billion for Lumentum, aiming to combine electrical and optical connectivity into one portfolio for next-generation AI infrastructure. My take: the AI bottleneck is no longer just GPUs; moving data between chips fast and cheaply is the next fight. If you plan company IT budgets, stop treating networking and optics as an afterthought.