# Marvell acquires Tanzanite Silicon Solutions for CXL technology

Marvell has announced a definitive agreement to acquire privately-held Tanzanite Silicon Solutions, a developer of Compute Express Link (CXL) technologies, in an all-cash transaction to strengthen its cloud-optimized CXL portfolio.

- Type: Acquisition
- Announced: 2022-05-09
- Where: United States
- Status: announced
- Products: Compute Express Link (CXL) technologies, cloud-optimized silicon solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Marvell Technology, Inc.](https://endata.com/companies/14949.md) (acquirer)
- [Tanzanite Silicon Solutions](https://endata.com/companies/62746.md) (target)

## Sources

- [marvell.com](https://www.marvell.com/company/newsroom/marvell-bolsters-cloud-optimized-cxl-portfolio-with-acquisition-of-tanzanite.html), 2022-05-08: "We believe that CXL will be a significant game-changer in enabling optimal resource utilization in next generation data centers, and the acquisition of Tanzanite advances our abilities to address our customers’ most challenging issues."

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