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Marvell Technology Group completed its $6 billion acquisition of semiconductor rival Cavium Inc. after receiving regulatory approval in China.
Marvell Technology has entered into a definitive agreement to acquire Lumentum in an all-stock transaction valued at $115 billion. Lumentum stockholders will receive 4.500 shares of Marvell common stock 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.