Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Marvell Technology (MRVL)

Marvell Technology Announces Agreement to Acquire Lumentum Holdings in All-Stock Transaction

Positive Impact 5 of 5 m&a

Marvell Technology has entered into a definitive agreement to acquire Lumentum Holdings in an all-stock transaction with an implied enterprise value of $115 billion for Lumentum. Lumentum stockholders will receive 4.500 shares of Marvell common stock for each share owned, and the deal is expected to close in the first half of calendar year 2028. Additionally, Marvell reported preliminary revenue for the third quarter of fiscal 2027.

Key points

  • Lumentum stockholders will receive a fixed exchange ratio of 4.500 Marvell shares per Lumentum share.
  • The transaction carries an implied enterprise value of $115 billion for Lumentum, representing about $1,132 per share.
  • Post-closing, Marvell stockholders will own approximately 67% and Lumentum stockholders approximately 33% of the combined company.
  • The deal is expected to close in the first half of calendar year 2028, pending approvals.

The filing

CompanyMarvell Technology (MRVL)
Form8-K, current report
Filed with the SECNov 2, 2026, 8:06 AM ET
Accession number0001193125-26-442714

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 2, 2026, 8:16 AM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.