Marvell Technology, Inc. (MRVL)

The company now

Marvell Technology announced on November 2, 2026 that it will acquire Lumentum, a maker of lasers and optical parts, in an all-stock deal 1.

Each Lumentum share converts into 4.500 Marvell shares, and current Marvell stockholders would own about 67 percent of the combined company 1.

The companies expect the deal to close in the first half of calendar year 2028, after approval by both sets of stockholders and by regulators 1.

Marvell said the same day that its third-quarter fiscal 2027 revenue is consistent with earlier guidance, with the midpoint kept and the range narrowed to plus or minus 2 percent 1. That guidance, given on August 27, was $3.150 billion, plus or minus 5 percent 4.

The last full quarter on file, the second of fiscal 2027, brought record revenue of $2.739 billion, up 37 percent from a year earlier 4. Chief executive Matt Murphy said Data Center revenue growth accelerated to 46 percent 4.

On October 22, 2026 Marvell also signed a revolving credit agreement allowing borrowings of up to $3 billion, with none drawn at signing 3. Before the stockholder votes, the two companies will file a Form S-4 with a joint proxy statement 2.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.