Marvell Technology completes Cavium acquisition

July 10, 2018 // By Ally Winning
Marvell has completed its acquisition of Cavium. The combination of the two companies will offer a portfolio of storage, processing, networking, wireless connectivity and security products.

Matt Murphy, Marvell’s President and Chief Executive Officer said, “Applications such as AI, 5G, Cloud, automotive, and edge computing all require engineering solutions that combine high bandwidth, very low power consumption, and leadership in complex system on a chip solutions. As a combined company, we now offer industry-leading IP, a broad portfolio of infrastructure solutions, and a talented team of innovators.”

Marvell also announced that Syed Ali, Brad Buss and Dr. Edward Frank have been appointed to the Marvell Board of Directors, effective immediately after the closing of the acquisition.

Syed Ali was a co-founder of Cavium and served as its President, Chief Executive Officer and Chairman of the Board of Directors since the company’s launch in 2000. Brad Buss served as a director of Cavium since July 2016 and Dr. Edward Frank served as a director of Cavium since July 2016.

More information

www.marvell.com

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