Driven by A.I. Boom, Marvell and Lumentum Announce $115 Billion Merger
Marvell and Lumentum said they were combining, in a major bet on a technology, known as optical networking, that is increasingly being used in A.I. data centers.
Crossfiled / Instacart
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Marvell and Lumentum said they were combining, in a major bet on a technology, known as optical networking, that is increasingly being used in A.I. data centers.
DoorDash is acquiring its competitor Instacart for $17 billion, the company announced Thursday. A majority of the deal will be paid in cash and shareholders will have the option to receive cash, DoorDash stock or a combination of both.
Acquisition will supercharge DoorDash’s grocery delivery, ‘one of the hardest things to get right online’, CEO says DoorDash is gobbling up Instacart in a $17bn acquisition that will supercharge its grocery delivery business. DoorDash said the Instacart brand name and app will remain, and Instacart
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