# 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.

- Type: Acquisition
- Announced: 2017-11-20
- Where: United States
- Value: $6.00B
- Status: announced
- Products: storage controllers, networking solutions, wireless connectivity, multi-core processors, security solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Marvell Technology, Inc.](https://endata.com/companies/14949.md) (acquirer)
- [Cavium](https://endata.com/companies/28252.md) (target)

## Sources

- [marvell.com](https://www.marvell.com/company/newsroom/marvell-and-cavium-to-combine-creating-an-infrastructure-solutions-powerhouse.html), 2017-11-19: "This is an exciting combination of two very complementary companies that together equal more than the sum of their parts."
- [investor.marvell.com](https://investor.marvell.com/sec-filings/all-sec-filings/content/0001193125-17-348184/d498705d425.htm), 2017-11-20: "On November 20, 2017 Marvell announced a definitive agreement...under which Marvell will acquire all outstanding Cavium shares, in a cash and stock transaction valued at approximately $6 billion."
- [wsj.com](https://www.wsj.com/articles/marvell-confirms-6-billion-purchase-of-cavium-1511181231), 2017-11-20: "Marvell said the combined company would have annual revenue of about $3.4 billion."
- [cnbc.com](https://www.cnbc.com/2017/11/21/marvell-ceo-on-cavium-well-be-the-industrial-internet-of-things.html), 2017-11-21: "We're actually pleasantly surprised... the reaction we've gotten over the last few days as I've met with investors is they love the fact that you're getting a pure play infrastructure, cloud-levered, IoT-levered company."
- [foxbusiness.com](https://www.foxbusiness.com/markets/the-marvell-technology-cavium-deal-keeps-the-ball-rolling-in-the-semiconductor-industry), 2017-12-03: "Marvell Technology Group recently announced it had entered a definitive agreement with Cavium to merge operations."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.