# 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.

- Type: Acquisition
- Announced: 2019-05-20
- Where: United States
- Status: announced
- Products: ASICs, custom semiconductor solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [GlobalFoundries](https://endata.com/companies/664.md) (partner)
- [Avera Semiconductor](https://endata.com/companies/39469.md) (target)
- [Marvell](https://endata.com/companies/39655.md) (acquirer)

## Sources

- [marvell.com](https://www.marvell.com/company/newsroom/marvell-to-acquire-avera-semi-creating-an-infrastructure-asic-powerhouse.html), 2019-05-19: "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."

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