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Matt Murphy news

The latest Matt Murphy news, : Marvell to buy Lumentum in $115 billion all-stock deal to boost AI connectivity.

2 stories mentioning Matt Murphy since 26 September 2026, newest first, each with its sources and discussion. Follow to see new ones on your front page.

  1. Hardware & Compute new

    Marvell to buy Lumentum in $115 billion all-stock deal to boost AI connectivity

    Marvell Technology announced on Monday it will acquire optical components maker Lumentum in an all-stock deal, valuing the transaction at an implied $115 billion for Lumentum. The deal, structured as a fixed ratio…

    1 source
    CNBC Technology
  2. Hardware & Compute new

    Marvell raises 2027 revenue outlook to $12B as Google deal expands custom silicon

    Marvell Technology raised its fiscal 2027 revenue outlook to $12 billion and expects 50% growth in fiscal 2028, citing robust AI-related demand. The company’s stock surged 7.24% last week and 6.86% over the past month,…

    3 sources
    finance.yahoo.com247wallst.comfool.com

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As of 2 November 2026: Marvell to buy Lumentum in $115 billion all-stock deal to boost AI connectivity. Marvell Technology announced on Monday it will acquire optical components maker Lumentum in an all-stock deal, valuing the transaction at an implied $115 billion for Lumentum.