Marvell Technology Acquires Celestial AI
February 2, 2026
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.
- Buyers
- Marvell Technology, Inc.
- Targets
- Celestial AI
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Buyout
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