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General

Marvell confirms Cavium takeover for USD 6 billion

Monday 20 November 2017 | 13:18 CET | News
Marvell Technology has confirmed an agreement to acquire Cavium for USD 6 billion, in a bid to relaunch the company in the networking market. If approved, Cavium shareholders will own around 25 percent of the combined group, which will have around USD 3.4 billion in annual sales. 

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Categories: General
Companies: Cavium / Marvell Technology
Countries: World
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