AI spawns "optical" M&A: Marvell Technology (MRVL.US) seeks to swallow Lumentum (LITE.US), potentially ranking among the top ten largest deals in tech history

Zhito Finance APP has learned that, according to people familiar with the matter, Marvell Technology (MRVL.US) is in advanced talks to acquire data center optics manufacturer Lumentum (LITE.US). In the race to scale up in artificial intelligence, this is expected to be a heavyweight deal.