Nov 20, 2017ACQUISITIONUnited States Marvell to acquire Cavium for $40 per share
Marvell Technology Group announced a definitive agreement to acquire Cavium for $40 per share in cash and 2.1757 Marvell shares per Cavium share. The combined company will have approximately $3.4 billion in annual revenue and focus on infrastructure solutions.
Productsstorage controllersnetworking solutionswireless connectivitymulti-core processorssecurity solutions
“This is an exciting combination of two very complementary companies that together equal more than the sum of their parts.”marvell.com
- 5 sources
- marvell.comCompany - Newsroom - Marvell and Cavium to Combine Creating an Infrastructure Solutions Powerhouse - MarvellNov 19, 2017
- investor.marvell.comNovember 20, 2017 - 425: Prospectuses and communications, business combinations | Marvell Technology, Inc. (MRVL)Nov 20, 2017
- wsj.comMarvell Confirms $6 Billion Purchase of Chip Maker CaviumCara LombardoNov 20, 2017
- cnbc.comMarvell CEO on Cavium: We'll be the 'industrial internet of things'Lizzy GurdusNov 21, 2017
- foxbusiness.comThe Marvell Technology/Cavium Deal Keeps the Ball Rolling in the Semiconductor Industry | Fox Business
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