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Marvell to acquire Innovium for USD 1.1 billion

Wednesday 4 August 2021 | 08:38 CET | News
Marvell Technology has agreed to acquire Innovium in an all-stock transaction worth USD 1.1 billion. The deal is expected to strengthen Marvell's portfolio of Ethernet switch semiconductor products for the enterprise and carrier segments. Innovium's Teralynx switching architecture delivers the ultra-low latency, optimised power, high performance, and innovative telemetry that are critical in today's cloud-scale data centres, the company said.

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Categories: Fixed
Companies: Innovium / Marvell Technology
Countries: World
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