Lumentum Holdings Inc. - Common Stock (LITE)

Shares of Marvell were down big on Monday after it announced it would be acquiring Lumentum.

Marvell Technology agreed to acquire optical leader Lumentum. The market hates it.

Is Lumentum a bargain after today’s drop? It trades below Marvell’s offer, but there’s a catch.

Marvell said it has agreed to combine with Lumentum (NASDAQ:LITE), positioning the proposed transaction as a move to build a larger provider of optical connectivity technology for artificial-intelligence infrastructure. Marvell Chairman and CEO Matt Murphy said the combination would bring together

BALA CYNWYD, Pa., Nov. 02, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Lumentum Holdings Inc. (NASDAQ: LITE) to Marvell Technology, Inc. for 4.500 shares of Marvell common stock for each share of Lumentum common stock. Upon closing of the proposed transaction, Lumentum shareholders will own approximately 33% of the combined company.

LITE shareholders will receive just the equivalent of 4.5 shares of Marvell common stock for each share of Lumentum common stock they own. The transaction has an implied enterprise value of $115 billion for Lumentum, representing approximately $1,132 per share of Lumentum common stock; Ademi LLP is investigating the deal price, benefits to company insiders, and restrictions on competing offers

Marvell Technology, Inc. (NASDAQ: MRVL) and Lumentum (NASDAQ: LITE) today announced that they have entered into a definitive agreement for Marvell to acquire Lumentum in an all-stock transaction. Under the terms of the agreement, Lumentum stockholders will receive a fixed exchange ratio of 4.500 shares of Marvell common stock for each share of Lumentum common stock they own. The transaction has an implied enterprise value of $115 billion for Lumentum, representing approximately $1,132 per share of Lumentum common stock and a premium of approximately 23.9% based on each company’s unaffected closing share price as of October 28, 2026, the last trading day before market speculation regarding a potential transaction began. Post-closing, current Marvell stockholders will own approximately 67% of the combined company on a fully diluted basis, while Lumentum stockholders will own approximately 33%.

Lumentum Holdings Inc. (“Lumentum” or the “Company”) today reported results for its fiscal first quarter ended September 26, 2026.

Lumentum is reporting increasing revenue growth as demand for its products accelerates.

Marvell is reportedly in advanced, all-stock talks to buy Lumentum for about $83 billion to expand in optical networking, sending Marvell shares down roughly 13%.

Artificial intelligence (AI) hyperscalers such as Alphabet, Amazon, Meta Platforms, and Microsoft are all investing in custom chips.

Marvell is reportedly close to a massive optics deal, but investors are worried about what it could cost existing shareholders.

Lumentum Holdings is likely to outperform expectations amid incredible demand for optical networking components.

One trades at a higher P/E, while the other looks like a bargain, but long-term growth sustainability is what counts.