Marvell Technology Proposes $115 Billion Acquisition of Lumentum
MRVL Marvell Technology Inc
$154.39 -0.14%
View chart & analysis → - 1Marvell Technology has made an all-stock acquisition proposal for Lumentum valued at $115 billion.
- 2Lumentum recorded a 109% revenue growth rate in the fourth quarter and achieved an adjusted profit growth rate of over 400%.
- 3Marvell Technology expects a compound annual growth rate of 65% for the total market size of its consolidated business between 2026 and 2031.
So what's the key point?
Marvell Technology has proposed to buy Lumentum for $115 billion. Lumentum is seeing significant profit growth, and Marvell Technology expects the related market to expand by 65% every year.
Source The Motley Fool +1 · View original ↗
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