Marvell Acquires Tanzanite Silicon Solutions
May 9, 2022
Marvell announced a definitive agreement to acquire privately held Tanzanite Silicon Solutions, a developer of advanced Compute Express Link (CXL) technologies, in an all-cash transaction. The deal is expected to close in Marvell’s fiscal Q2 and is subject to customary closing conditions, including approval by Tanzanite shareholders.
- Buyers
- Marvell
- Targets
- Tanzanite Silicon Solutions, Inc.
- Industry
- Data & Analytics
- Transaction Type
- Buyout
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