Marvell Technology Inc. 首席执行官 Matthew Murphy 与 Lumentum Holdings Inc. 首席执行官 Michael Hurlston 在交易宣布前，曾通过电话寻求 Nvidia Corp. 首席执行官 Jensen Huang 的意见，并获得了他的支持，随后双方敲定了这项近 1030 亿美元的合并案。知情人士透露了上述信息，因细节尚未公开，他们要求不具名。
The heads of Marvell Technology Inc. and Lumentum Holdings Inc. got the blessing of Nvidia Corp.’s Jensen Huang before striking their nearly $103 billion tie-up. Marvell Chief Executive Officer Matthew Murphy and Lumentum CEO Michael Hurlston sought Huang’s views during a phone call before the deal was announced, according to people familiar with the matter, who asked to not be identified because the details aren’t public.
Huang 的支持凸显了作为 AI 领军企业的 Nvidia 正在鼓励关键供应商进行整合，因为对更快光互连的需求已成为日益大规模数据中心建设中的瓶颈。Nvidia 是用于训练和运行大语言模型芯片的主要供应商，今年早些时候分别向 Marvell 和 Lumentum 投资了 20 亿美元。
Huang’s support underscores how AI leader Nvidia is encouraging consolidation among key suppliers as demand for faster optical connections becomes a bottleneck in the build-out of increasingly large data centers. Nvidia, the main provider of the chips for training and running large language models, invested $2 billion in both Marvell and Lumentum earlier this year.
Hurlston 周一早些时候在接受 Fox Business 采访时表示：“我认为 Nvidia 的反应非常积极。我们认为，通过这次合并，我们能更快地向 Nvidia 提供更多产品。” Nvidia、Marvell 和 Lumentum 的代表未立即回应置评请求。
“I think the reaction from Nvidia has been super positive,” Hurlston said in an interview on Fox Business earlier Monday. “We think we can actually bring a lot more product to bear to Nvidia a lot more quickly in this combination.”Representatives for Nvidia, Marvell and Lumentum didn’t immediately respond to requests for comment.
Marvell 同意以全股票交易方式收购 Lumentum，交易价值 1150 亿美元（含债务），这是有史以来第二大科技交易，彰显了 AI 如何推动交易活动。此次收购将 Marvell 的定制芯片与 Lumentum 的光学组件相结合，后者利用光在芯片和服务器之间传输海量数据。
Marvell agreed to buy Lumentum in an all-stock deal worth $115 billion, including debt, in the second-largest tech deal ever, illustrating how AI is driving dealmaking. The acquisition combines Marvell’s custom chips with Lumentum’s optical components, which use light to move vast quantities of data between chips and servers.
通过这笔交易，Marvell 将成为高速连接设备更垂直整合的供应商，此类设备在科技集团竞相构建更大、更先进的 AI 计算集群的过程中变得愈发重要。
With the deal, Marvell would become a more vertically integrated supplier of the high-speed connectivity equipment that has become increasingly important as technology groups race to build larger and more advanced AI computing clusters.
知情人士称，两家公司今年夏天开始讨论潜在合并事宜，相关谈判始终是双边的。知情人士表示，Marvell和Lumentum最初计划在周四Lumentum预定发布财报时一同宣布这笔交易，但在相关计划的消息泄露后提前了宣布时间。
The companies began discussing a potential combination over the summer, according to the people, in talks that remained bilateral. Marvell and Lumentum had initially planned to announce the transaction alongside Lumentum’s scheduled earnings on Thursday, but moved the timing up after news of the plans leaked, the people said.
这桩合并正值大型企业收购整体回暖之际。这是最新迹象，表明华盛顿更为有利于交易的监管环境已让企业有底气推进超大型交易。
The tie-up comes amid a broader revival in large corporate takeovers. It’s the latest sign that a more deal-friendly regulatory climate in Washington has emboldened companies to pursue megadeals.
墨菲在讨论该交易的投资者电话会上表示：“我和迈克对世界走向的看法非常相似。我们长期以来一直保持着职业和个人层面的关系——Lumentum是Marvell的大客户。我们与对方团队有大量互动。事情就这样水到渠成了。”
“Me and Mike saw a very similar vision of where the world was going,” Murphy said during an investor call discussing the deal. “We’ve had a relationship for a long time, professionally and personally - Lumentum is a big customer of Marvell’s. We had a lot of interaction with the team. It just came together.”