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[The target market size after the merger of Maxwell and Lumentum will reach US$550 billion, and it is expected to achieve cost synergies of more than US$1 billion per year] On November 2, Maxwell said that the transaction will expand the addressable market size of the combined company to US$550 billion and enhance the company's competitiveness in the field of AI infrastructure connectivity. The company expects that the merger will achieve more than $1 billion in annual cost synergies, improve long-term revenue growth, non-GAAP gross profit margin and operating profit margin performance, and expects to increase Marvell's non-GAAP earnings per share in the first full year after the transaction is completed.
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