Infineon Acquires Marvell's Automotive Ethernet Business for $2.5B

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.

Nokia Acquires Infinera

June 27, 2024

Telecommunications

Nokia completed the acquisition of Infinera, closing the transaction on 28 February 2025. The deal values Infinera at an enterprise value of approximately US$2.3 billion (US$6.65 per share) and is intended to create a scaled optical-networks business to accelerate product roadmaps, expand webscale presence and capture EUR 200 million of net operating synergies by 2027.

Marvell Technology Acquires XConn Technologies

February 10, 2026

Manufacturing

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

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 Tanzanite Silicon Solutions

May 9, 2022

Manufacturing

Marvell Technology announced a definitive all-cash agreement to acquire privately-held Tanzanite Silicon Solutions, a developer of Compute Express Link (CXL) technologies, to strengthen Marvell's cloud-optimized CXL portfolio and accelerate composable data center initiatives. The transaction is expected to close in the second quarter of the current fiscal year, subject to customary closing conditions and Tanzanite shareholder approval.

VIAVI Acquires Spirent's High‑Speed Ethernet, Network Security and Channel Emulation Testing Business

October 16, 2025

Telecommunications

VIAVI Solutions Inc. completed the all-cash acquisition of Spirent Communications plc’s high‑speed ethernet, network security and channel emulation testing business from Keysight Technologies, Inc. for $425 million. The deal is expected to add roughly $180 million of Network Service Enablement revenue in the first 12 months, be accretive to non‑GAAP EPS within 12 months, and was partially financed by a $600 million senior secured term loan led by Wells Fargo.