SITUATION DETECTED: Marvell to acquire Lumentum for $115 billion in an all-stock deal announced this morning as it bets on AI data-center optical connectivity.Read original on X
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Marvell agrees to buy Lumentum in $115 billion all-stock deal
Combining two data center component makers would reshape the optical connectivity supply behind AI data centers.
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JUST IN: Marvell ($MRVL) to buy data centre component maker Lumentum ($LITE) in $115B all stock deal, per the FT.Read original on X
DoorDash agreed to buy Instacart for $17B. But why is this how the deal is going down, instead of the other way around? Jason pulled three years of Instacart revenue on the air, and realizes growth stalled out after the pandemic boom. “If you stop growing, you become the acquisition target.” The part of the story most people miss: Instacart is, in large part, an advertising company. @jason $DASH $CARTRead original on X
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Marvell agrees to buy Lumentum in $115 billion all-stock deal
Marvell to buy Lumentum in $115 billion all-stock deal
Marvell reportedly to buy Lumentum in $115 billion all-stock deal
Marvell reportedly to buy Lumentum in $115B all-stock deal
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