Marvell Technology Acquires Innovium for $1.1 Billion

Marvell Technology Acquires Aquantia Corp.

May 6, 2019

Manufacturing

Marvell Technology Group Ltd. agreed to acquire Aquantia Corp. for $13.25 per share in cash (approximately $452 million enterprise value). The acquisition, announced May 6, 2019, is expected to close by the end of 2019 subject to regulatory and stockholder approval and will expand Marvell’s high-speed Ethernet connectivity portfolio, including automotive networking capabilities.

Infineon to Acquire Marvell’s Automotive Ethernet Business for $2.5 Billion

August 14, 2025

IT Services

Infineon Technologies has entered into a definitive agreement to acquire Marvell Technology’s Automotive Ethernet business in an all-cash transaction valued at $2.5 billion. The deal combines Infineon’s automotive microcontroller portfolio with Marvell’s Brightlane Automotive Ethernet PHY transceivers, switches, and bridges to strengthen system capabilities for software-defined vehicles.

Marvell Technology Acquires Inphi Corporation

October 29, 2020

Manufacturing

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.

Marvell Acquires Tanzanite Silicon Solutions

May 9, 2022

Data & Analytics

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.

Marvell Technology Acquires Celestial AI

February 2, 2026

AI & Machine Learning

Marvell Technology, Inc. completed its acquisition of Celestial AI, bringing Celestial’s Photonic Fabric optical interconnect technology into Marvell’s Data Center Group to strengthen its AI and data center connectivity capabilities. Marvell expects initial revenue contributions beginning in the second half of fiscal 2028, with material ramp to a $500 million annualized run rate by Q4 FY2028 and $1 billion by Q4 FY2029; the deal reduced Marvell’s cash balance by $1 billion and added roughly $50 million in annual non-GAAP operating expenses.

Marvell Technology Acquires XConn Technologies

February 10, 2026

AI & Machine Learning

Marvell Technology, Inc. completed its previously announced acquisition of XConn Technologies, a provider of advanced PCIe and CXL switching silicon. The deal expands Marvell’s switching portfolio and strengthens its UALink scale-up switching roadmap for next-generation AI and cloud data center architectures.