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Marvell to acquire optical communications firm Lumentum for about 18 trillion yen to meet AI data center speed demands

Marvell to acquire optical communications firm Lumentum for about 18 trillion yen to meet AI data center speed demands
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Marvell Technology agreed to acquire optical communications firm Lumentum Holdings for approximately $115 billion to address surging data communication demands in AI data centers.

Key points

  • •Semiconductor major Marvell Technology agreed to acquire Lumentum Holdings for approximately $115 billion.
  • •The acquisition was made to respond to the rapidly increasing data communication needs in AI data centers.
  • •The company aims to provide next-generation AI connection technologies by integrating its semiconductor technology with Lumentum's optical communication technology.
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#Semiconductors & Infrastructure#AI Companies & Funding#Major Players#Marvell Technology#Lumentum Holdings

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