Marvell to acquire Avera Semi from GLOBALFOUNDRIES

Marvell announced it has entered into definitive agreements to purchase Avera Semiconductor, the ASIC business of GLOBALFOUNDRIES. The acquisition includes Avera's revenue base, design wins, and a long-term wafer supply agreement.

“This acquisition brings together Avera Semi’s leading custom design capabilities with Marvell’s advanced technology platform and scale, creating a leading ASIC supplier for wired and wireless infrastructure.”marvell.com

• 1 source
• marvell.comCompany - Newsroom - Marvell to Acquire Avera Semi, Creating an Infrastructure ASIC Powerhouse - MarvellMay 19, 2019

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