Marvell Technologies action

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Marvell Technologies action

posted on Oct 06, 2021 12:54PM

Marvell Technology (MRVL), whose name has come up from time to time on Agora made a deal yesterday to acquire Innovium, and also made a deal with TSM to put their IP CORES on TSMC 3 nm silicon releases. On this DOWN market day, MRVL is at $61.80, UP $2.40. FWIW

SANTA CLARA, Calif., Oct. 5, 2021 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today announced that it has completed its acquisition of Innovium, Inc., a leading provider of networking solutions for cloud and edge data centers.

The acquisition of Innovium and its complementary offerings further extends Marvell's leadership in the cloud, and allows Marvell to immediately participate in the fastest growing segment of the switch market with a cloud-optimized solution.