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Wireless

Marvell in advanced merger talks with Cavium - report

Monday 6 November 2017 | 09:13 CET | News

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Marvell Technology is reportedly in advanced merger talks with Cavium, the Wall Street Journal wrote, citing sources familiar with the matter. At 3 November, Cavium had a market value of USD 4.6 billion and Marvell one of USD 9 billion. If it does not fall apart, an agreement could be announced within the coming few weeks. As the deal currently stands, Cavium shareholders would receive a modest premium, one of the sources said. 

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Categories: Mobile & Wireless
Companies: Marvell Technology
Countries: World
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