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Marvell Plans $115 Billion Lumentum Acquisition Including Debt

Marvell said it plans to buy data-center laser maker Lumentum for an implied $115 billion, including debt.

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By Karen KwokMarvell Technology NASDAQ:MRVL boss Matt Murphy picked a precarious moment for one of the semiconductor industry's biggest takeovers. The company said on Monday it plans to buy data-center laser maker Lumentum NASDAQ:LITE for an implied $115 billion, including debt. The strategic logic…

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