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General

Marvell, Inphi shareholders approve merger deal

Monday 19 April 2021 | 09:35 CET | News
Marvell Technology said shareholders have approved its proposed acquisition of Inphi, announced late last year, and the reorganization of the combined company into Delaware, in the US. Inphi shareholders earlier voted in favour of the merger. Marvell now expects the transaction to close on around 20 April, still subject to the usual closing conditions. The deal is expected to create a new semiconductor group worth USD 40 billion. 

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