{"event":{"id":"evt-20261103-marvell","dedupe_key":"rts_milestone:rts_finding_0061ec928d0b44f68e2c172fa32a61d0","event_type":"publication_or_official_action","title":"Marvell and Lumentum sign definitive all-stock acquisition agreement with $115B implied enterprise value","summary":"Marvell Technology and Lumentum announced on 2 November 2026 a board-approved definitive all-stock combination. The agreed exchange ratio is 4.5 Marvell shares per Lumentum share and Lumentum's implied enterprise value is about $115 billion. The announced plan concerns optical interconnect capacity for AI data-center systems; closing remains subject to shareholders and regulatory approvals and is expected in 2028. This is not a completed merger or evidence of new deployed bandwidth.","occurred_at":"2026-11-02T00:00:00.000Z","published_at":"2026-11-02T00:00:00.000Z","observed_at":"2026-11-03T05:57:37.565Z","reconstructed_at":null,"ingest_type":"live_evidence_only","locations":null,"status":"verified","confidence":0.93,"metadata":{"rts_finding_id":"rts_finding_0061ec928d0b44f68e2c172fa32a61d0","epistemic_scope":"dated_publication_or_official_statement_only","source_bound":1,"evidence_only":1,"no_relation_onset":1,"no_civilization_snapshot":1,"global_novelty_not_exhaustively_proven":1,"original_occurrence_date_preserved":1},"created_at":"2026-11-03T06:24:56.575Z","updated_at":"2026-11-03T06:24:56.575Z"},"artifacts":[{"id":"art-20261103-marvell","dedupe_key":"71593ef53db917bee18fedd1c70c938246e4d355235195a73daf94a915c72b6d","canonical_url":null,"evidence_locator":"","artifact_type":"publication","title":"Marvell and Lumentum sign definitive all-stock acquisition agreement with $115B implied enterprise value","summary":"Marvell Technology and Lumentum announced on 2 November 2026 a board-approved definitive all-stock combination. The agreed exchange ratio is 4.5 Marvell shares per Lumentum share and Lumentum's implied enterprise value is about $115 billion. The announced plan concerns optical interconnect capacity for AI data-center systems; closing remains subject to shareholders and regulatory approvals and is expected in 2028. This is not a completed merger or evidence of new deployed bandwidth.","creator_entities":[],"released_at":"2026-11-02T00:00:00.000Z","content_hash":null,"metadata":{"rts_finding_id":"rts_finding_0061ec928d0b44f68e2c172fa32a61d0","epistemic_scope":"dated_publication_or_official_statement_only","source_bound":1,"evidence_only":1,"no_relation_onset":1,"no_civilization_snapshot":1,"global_novelty_not_exhaustively_proven":1,"original_occurrence_date_preserved":1},"created_at":"2026-11-03T06:24:56.570Z","updated_at":"2026-11-03T06:24:56.570Z","relation":"documents"}],"signals":[]}