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IT Home · Published on October 29, 2026 at 07:37

Major AI industry merger: Bloomberg reports Marvell plans to acquire Lumentum, the leading optical communications firm, with an announcement expected as soon as next week.

AI Brief

Bloomberg published a post today (October 29) reporting that American semiconductor company Marvell is planning to acquire Lumentum, the manufacturer of data center optical communication equipment. Both parties are currently in negotiation, and the deal could be announced as early as next week.

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