Marvell Said to Near Deal for Lumentum in AI Megadeal

Marvell Technology is in advanced talks to acquire data center optics maker Lumentum Holdings, according to people familiar with the matter. The potential megadeal comes amid the race to scale up AI infrastructure.

• Marvell is in advanced talks to buy Lumentum
• Lumentum makes optical components for data centers
• The deal is tied to the AI infrastructure race