Marvell and Flex, a contract manufacturer for electronics, will join the S&P 500; MRVL jumps 6%+ after hours after closing down 16.74% amid a broader sell-off
- Marvell Technology, which makes parts and products needed for the AI infrastructure boom, is joining the S&P 500
Marvell Technology says it will acquire network chip startup Innovium for $1.1B in an all-stock deal
Stephen Nellis / Reuters :
Marvell Technology is acquiring Inphi in a $10B deal to boost its cloud and 5G offerings
I had the chance to talk last night with Marvell CEO Matt Murphy and optics leader Inphi CEO Dr. Ford Tamer on its deal valued at $10B, which considerably expands Marvell's market opportunity in the c...
Marvell Technology has agreed to acquire Cavium for about $6B, as it seeks to expand in the networking equipment sector
(Reuters) - Chipmaker Marvell Technology Group Ltd (MRVL.O) has agreed to acquire smaller peer Cavium Inc (CAVM.O) for around $6 billion, as it seeks to expand …
Marvell Technology to cut about 900 jobs, nearly 17% of its workforce, and sell off non-core assets in an effort to reduce costs by about $190M a year
Marvell Technology Group said Wednesday that is will cut about 900 jobs and sell off non-core assets in an effort to bring its costs down by about $190 million a year.