Marvell Technology Acquires Inphi Corporation
October 29, 2020
Marvell Technology Group Ltd. agreed to acquire Inphi Corporation in a cash-and-stock transaction that will combine Marvell's storage, networking and processor portfolio with Inphi's high-speed electro-optics interconnect platform. The deal positions the combined company to lead in cloud data center and 5G infrastructure markets, will domicile the combined company in the United States, and is expected to deliver $125 million of annual run-rate synergies within 18 months.
- Buyers
- Marvell Technology Group Ltd.
- Targets
- Inphi Corporation
- Sellers
- Inphi stockholders
- Industry
- Manufacturing
- Location
- California, United States
- Transaction Type
- Buyout
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