Marvell’s AI Megadeal Hands Wall Street Multiple M&A Milestones

Marvell Technology Inc.’s $115 billion takeover of data center laser maker Lumentum Holdings Inc. will push Wall Street past several mergers and acquisitions milestones in a year already full of megadeals. The deal, announced this week, is among the largest tech acquisitions ever, highlighting the strategic importance of optical components in AI data centers.