A newly proposed deal would be financed in stock and target the hot optical-networking market Marvell plans to buy Lumentum in an all-stock deal. /iStock Marvell Technology officially plans to combine with Lumentum Holdings in a massive deal meant to target the optical-networking market. The deal will be financed entirely through stock, with Marvell share, or 24% above where those shares traded as of the close on Oct. 28, before rumors began swirling about a possible combination. Copyright ©2026 MarketWatch, Inc.
All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Emily Bary is MarketWatch's managing editor for companies coverage. She is based in New York. The election will be good news, regardless of outcome, says Morgan Stanley’s chief stock-market strategist How oil prices could average $130 per barrel next year, according to Goldman Sachs Citi throws in the towel on hyperscalers after a key market bet misfires ‘She’s a Type A personality’: My stepmother wants me to repay my late father’s $40,000 wedding gift.
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