Trade Marvell Technology Group Ltd. - MRVL CFD
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- Historical Data
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- Income Statement
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| Spread | 0.14 | ||||||||
|
Long position overnight fee
Long position overnight fee
Go to platform | -0.026235% | ||||||||
|
Short position overnight fee
Short position overnight fee
Go to platform | 0.004012% | ||||||||
| Overnight fee time | 22:00 (UTC) | ||||||||
| Min traded quantity | 1 | ||||||||
| Currency | USD | ||||||||
| Margin | 5% | ||||||||
| Stock exchange | United States of America | ||||||||
| Commission on trade | 0% |
*Information provided by Capital.com
Marvell Technology Inc ESG Risk Ratings
‘B’ score indicates good relative ESG performance and above average degree of transparency in reporting material ESG data publicly.
| Prev. Close* | 55.51 |
| Open* | 51.17 |
| 1-Year Change* | 10.16% |
| Day's Range* | 51.17 - 53.54 |
| 52 wk Range | 33.75-67.99 |
| Average Volume (10 days) | 10.29M |
| Average Volume (3 months) | 203.35M |
| Market Cap | 47.18B |
| P/E Ratio | -100.00K |
| Shares Outstanding | 862.80M |
| Revenue | 5.62B |
| EPS | -0.44 |
| Dividend (Yield %) | 0.43892 |
| Beta | 1.43 |
| Next Earnings Date | Dec 1, 2023 |
All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com
- Last Week
- Last Month
- Last Year
- Last two Years
- Max
- Daily
- Weekly
- Monthly
| Date | Close | Change | Change (%) | Open | High | Low |
|---|---|---|---|---|---|---|
| Nov 30, 2023 | 55.51 | -1.11 | -1.96% | 56.62 | 56.82 | 55.21 |
| Nov 29, 2023 | 56.05 | -0.38 | -0.67% | 56.43 | 57.19 | 55.85 |
| Nov 28, 2023 | 55.49 | -0.03 | -0.05% | 55.52 | 55.58 | 54.59 |
| Nov 27, 2023 | 55.84 | 0.17 | 0.31% | 55.67 | 56.35 | 55.24 |
| Nov 24, 2023 | 55.95 | 0.51 | 0.92% | 55.44 | 56.17 | 55.19 |
| Nov 22, 2023 | 55.45 | 0.32 | 0.58% | 55.13 | 56.28 | 55.01 |
| Nov 21, 2023 | 54.63 | -0.91 | -1.64% | 55.54 | 55.56 | 54.19 |
| Nov 20, 2023 | 56.34 | 0.97 | 1.75% | 55.37 | 56.54 | 55.35 |
| Nov 17, 2023 | 55.52 | 0.87 | 1.59% | 54.65 | 55.74 | 54.30 |
| Nov 16, 2023 | 54.50 | -0.07 | -0.13% | 54.57 | 54.98 | 53.40 |
| Nov 15, 2023 | 57.13 | -0.34 | -0.59% | 57.47 | 58.06 | 56.69 |
| Nov 14, 2023 | 56.97 | 1.60 | 2.89% | 55.37 | 57.38 | 55.13 |
| Nov 13, 2023 | 53.38 | -0.57 | -1.06% | 53.95 | 54.05 | 52.37 |
| Nov 10, 2023 | 54.53 | 1.55 | 2.93% | 52.98 | 54.88 | 52.45 |
| Nov 9, 2023 | 52.44 | 0.64 | 1.24% | 51.80 | 54.44 | 51.76 |
| Nov 8, 2023 | 51.47 | 0.15 | 0.29% | 51.32 | 51.72 | 51.00 |
| Nov 7, 2023 | 51.13 | -0.08 | -0.16% | 51.21 | 51.64 | 50.80 |
| Nov 6, 2023 | 51.17 | -0.40 | -0.78% | 51.57 | 51.97 | 50.65 |
| Nov 3, 2023 | 51.27 | 1.78 | 3.60% | 49.49 | 51.78 | 49.26 |
| Nov 2, 2023 | 48.83 | -0.19 | -0.39% | 49.02 | 49.34 | 48.36 |
Marvell Technology Group Ltd. Events
| Time (UTC) | Country | Event |
|---|---|---|
| Thursday, February 29, 2024 | ||
| Time (UTC) 10:59 | Country US
| Event Q4 2024 Marvell Technology Inc Earnings Release Q4 2024 Marvell Technology Inc Earnings ReleaseForecast -Previous - |
- Annual
- Quarterly
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Total revenue | 5919.6 | 4462.38 | 2968.9 | 2699.16 | 2865.79 |
| Revenue | 5919.6 | 4462.38 | 2968.9 | 2699.16 | 2865.79 |
| Cost of Revenue, Total | 2932.1 | 2398.91 | 1480.55 | 1342.22 | 1407.4 |
| Gross Profit | 2987.5 | 2063.47 | 1488.35 | 1356.94 | 1458.39 |
| Total Operating Expense | 5681.6 | 4810.05 | 3227.29 | 1820.81 | 2822.52 |
| Selling/General/Admin. Expenses, Total | 733.8 | 544.545 | 433.34 | 365.98 | 327.86 |
| Research & Development | 1759.4 | 1403.51 | 1059.34 | 1069.69 | 900.409 |
| Interest Expense (Income) - Net Operating | |||||
| Unusual Expense (Income) | 231.4 | 177.789 | 223.759 | -1012.68 | 127.653 |
| Operating Income | 238 | -347.668 | -258.389 | 878.351 | 43.27 |
| Interest Income (Expense), Net Non-Operating | -165.3 | -139.704 | -68.579 | -83.632 | -48.436 |
| Other, Net | 12.4 | 3.877 | 4.8 | 3.663 | 0.519 |
| Net Income Before Taxes | 85.1 | -483.495 | -322.168 | 798.382 | -4.647 |
| Net Income After Taxes | -163.5 | -421.034 | -277.298 | 1584.39 | -179.094 |
| Net Income Before Extra. Items | -163.5 | -421.034 | -277.298 | 1584.39 | -179.094 |
| Total Extraordinary Items | 0 | 0 | |||
| Net Income | -163.5 | -421.034 | -277.298 | 1584.39 | -179.094 |
| Income Available to Common Excl. Extra. Items | -163.5 | -421.034 | -277.298 | 1584.39 | -179.094 |
| Income Available to Common Incl. Extra. Items | -163.5 | -421.034 | -277.298 | 1584.39 | -179.094 |
| Diluted Net Income | -163.5 | -421.034 | -277.298 | 1584.39 | -179.094 |
| Diluted Weighted Average Shares | 851.4 | 796.855 | 668.772 | 676.094 | 591.232 |
| Diluted EPS Excluding Extraordinary Items | -0.19204 | -0.52837 | -0.41464 | 2.34345 | -0.30292 |
| Dividends per Share - Common Stock Primary Issue | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 |
| Diluted Normalized EPS | -0.01537 | -0.38335 | -0.19716 | 1.36985 | -0.16258 |
| Depreciation / Amortization | 24.9 | 285.3 | 30.3 | 55.6 | 59.2 |
| Jul 2023 | Apr 2023 | Jan 2023 | Oct 2022 | Jul 2022 | |
|---|---|---|---|---|---|
| Total revenue | 1340.9 | 1321.7 | 1418.5 | 1537.3 | 1516.9 |
| Revenue | 1340.9 | 1321.7 | 1418.5 | 1537.3 | 1516.9 |
| Cost of Revenue, Total | 819.8 | 764.5 | 745.2 | 760 | 730.9 |
| Gross Profit | 521.1 | 557.2 | 673.3 | 777.3 | 786 |
| Total Operating Expense | 1546.6 | 1504.1 | 1395.2 | 1431.5 | 1477.8 |
| Selling/General/Admin. Expenses, Total | 210 | 199 | 203.4 | 207.8 | 211.7 |
| Research & Development | 474.8 | 480.7 | 443.1 | 448.1 | 449 |
| Unusual Expense (Income) | 42 | 59.9 | 3.5 | 15.6 | 86.2 |
| Operating Income | -205.7 | -182.4 | 23.3 | 105.8 | 39.1 |
| Interest Income (Expense), Net Non-Operating | -52.2 | -50.2 | -46.8 | -43.7 | -39 |
| Other, Net | 6.3 | 0.3 | 0.3 | 3.2 | 3.7 |
| Net Income Before Taxes | -251.6 | -232.3 | -23.2 | 65.3 | 3.8 |
| Net Income After Taxes | -207.5 | -168.9 | -15.4 | 13.3 | 4.3 |
| Net Income Before Extra. Items | -207.5 | -168.9 | -15.4 | 13.3 | 4.3 |
| Net Income | -207.5 | -168.9 | -15.4 | 13.3 | 4.3 |
| Income Available to Common Excl. Extra. Items | -207.5 | -168.9 | -15.4 | 13.3 | 4.3 |
| Income Available to Common Incl. Extra. Items | -207.5 | -168.9 | -15.4 | 13.3 | 4.3 |
| Diluted Net Income | -207.5 | -168.9 | -15.4 | 13.3 | 4.3 |
| Diluted Weighted Average Shares | 860.9 | 856.7 | 854.1 | 858.4 | 857.9 |
| Diluted EPS Excluding Extraordinary Items | -0.24103 | -0.19715 | -0.01803 | 0.01549 | 0.00501 |
| Dividends per Share - Common Stock Primary Issue | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
| Diluted Normalized EPS | -0.20932 | -0.1517 | -0.01537 | 0.02731 | 0.07032 |
- Annual
- Quarterly
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Total Current Assets | 3281.1 | 2493.45 | 1617.15 | 1537.5 | 1395.26 |
| Cash and Short Term Investments | 911 | 613.533 | 748.467 | 647.604 | 582.41 |
| Cash & Equivalents | 150.7 | 177.648 | 114.645 | 134.532 | 90.764 |
| Short Term Investments | 0 | ||||
| Total Receivables, Net | 1192.2 | 1048.58 | 536.668 | 492.346 | 493.122 |
| Accounts Receivable - Trade, Net | 1192.2 | 1048.58 | 536.668 | 492.346 | 493.122 |
| Total Inventory | 1068.3 | 720.331 | 268.228 | 322.98 | 276.005 |
| Prepaid Expenses | 109.6 | 111.003 | 63.782 | 74.567 | 43.721 |
| Other Current Assets, Total | 0 | ||||
| Total Assets | 22522.1 | 22108.6 | 10764.9 | 11133.2 | 10016.8 |
| Property/Plant/Equipment, Total - Net | 788.7 | 604.802 | 427.536 | 467.999 | 318.978 |
| Property/Plant/Equipment, Total - Gross | 1746.8 | 1470.19 | 1210.41 | 1207.54 | 1031.84 |
| Accumulated Depreciation, Total | -958.1 | -865.386 | -782.875 | -739.538 | -712.861 |
| Goodwill, Net | 11586.9 | 11511.1 | 5336.96 | 5337.4 | 5494.5 |
| Other Long Term Assets, Total | 1323.9 | 855.616 | 870.338 | 748.1 | 122.051 |
| Total Current Liabilities | 2386.7 | 1388.54 | 1077.1 | 710.166 | 636.796 |
| Accounts Payable | 465.8 | 461.509 | 252.419 | 213.747 | 185.362 |
| Accrued Expenses | 600.1 | 542.943 | 427.896 | 378.8 | 257.062 |
| Notes Payable/Short Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities, Total | 736.4 | 320.924 | 197.141 | 117.619 | 194.372 |
| Total Liabilities | 6884.9 | 6406.5 | 2329.12 | 2454.66 | 2710.34 |
| Total Long Term Debt | 3907.7 | 4484.81 | 993.17 | 1439.02 | 1732.7 |
| Deferred Income Tax | 64.2 | 34.508 | 22.359 | 31.233 | 246.252 |
| Other Liabilities, Total | 526.3 | 498.639 | 236.494 | 274.232 | 94.595 |
| Total Equity | 15637.2 | 15702.1 | 8435.8 | 8678.58 | 7306.41 |
| Common Stock | 1.7 | 1.692 | 1.35 | 1.328 | 1.317 |
| Additional Paid-In Capital | 14512 | 14209 | 6331.01 | 6135.94 | 6188.6 |
| Retained Earnings (Accumulated Deficit) | 1123.5 | 1491.36 | 2103.44 | 2541.31 | 1116.49 |
| Unrealized Gain (Loss) | 0 | ||||
| Other Equity, Total | 0 | ||||
| Total Liabilities & Shareholders’ Equity | 22522.1 | 22108.6 | 10764.9 | 11133.2 | 10016.8 |
| Total Common Shares Outstanding | 856.1 | 846.695 | 675.402 | 663.481 | 658.514 |
| Cash | 760.3 | 435.885 | 633.822 | 513.072 | 491.646 |
| Intangibles, Net | 5541.5 | 6643.6 | 2512.94 | 3042.23 | 2685.96 |
| Long Term Investments | |||||
| Redeemable Preferred Stock | 0 | 0 | 0 | 0 | |
| Long Term Debt | 3907.7 | 4484.81 | 993.17 | 1439.02 | 1732.7 |
| Current Port. of LT Debt/Capital Leases | 584.4 | 63.166 | 199.641 |
| Jul 2023 | Apr 2023 | Jan 2023 | Oct 2022 | Jul 2022 | |
|---|---|---|---|---|---|
| Total Current Assets | 2767.2 | 3202.9 | 3281.1 | 3179.3 | 2915 |
| Cash and Short Term Investments | 423.4 | 1028.3 | 911 | 723.4 | 617.1 |
| Cash & Equivalents | 423.4 | 1028.3 | 911 | 723.4 | 617.1 |
| Total Receivables, Net | 1209.2 | 1000.9 | 1192.2 | 1390.7 | 1291.3 |
| Accounts Receivable - Trade, Net | 1209.2 | 1000.9 | 1192.2 | 1390.7 | 1291.3 |
| Total Inventory | 1015.8 | 1026 | 1068.3 | 957.5 | 913.1 |
| Prepaid Expenses | 118.8 | 147.7 | 109.6 | 107.7 | 93.5 |
| Total Assets | 21750.1 | 22273.2 | 22522.1 | 22522.1 | 22162.1 |
| Property/Plant/Equipment, Total - Net | 898.8 | 837.7 | 788.7 | 722.3 | 643.8 |
| Property/Plant/Equipment, Total - Gross | 1922.5 | 1826.7 | 1746.8 | 1661.1 | 1556.1 |
| Accumulated Depreciation, Total | -1023.7 | -989 | -958.1 | -938.8 | -912.3 |
| Goodwill, Net | 11586.9 | 11586.9 | 11586.9 | 11579 | 11579 |
| Intangibles, Net | 4903.2 | 5228.2 | 5541.5 | 5834.8 | 6144.6 |
| Other Long Term Assets, Total | 1594 | 1417.5 | 1323.9 | 1206.7 | 879.7 |
| Total Current Liabilities | 2685.2 | 3061.4 | 2386.7 | 2420.2 | 2155.8 |
| Accounts Payable | 412.8 | 388.4 | 465.8 | 476.2 | 490.3 |
| Accrued Expenses | 540.1 | 530.2 | 600.1 | 626.3 | 579.5 |
| Notes Payable/Short Term Debt | 0 | 0 | 0 | 0 | 0 |
| Current Port. of LT Debt/Capital Leases | 1018.6 | 1517.6 | 584.4 | 584 | 653.5 |
| Other Current Liabilities, Total | 713.7 | 625.2 | 736.4 | 733.7 | 432.5 |
| Total Liabilities | 6360.6 | 6779.3 | 6884.9 | 6963.1 | 6631.9 |
| Total Long Term Debt | 3134.5 | 3154.9 | 3907.7 | 3927.6 | 3947.4 |
| Long Term Debt | 3134.5 | 3154.9 | 3907.7 | 3927.6 | 3947.4 |
| Deferred Income Tax | 71.6 | 69.8 | 64.2 | 45.9 | 35.6 |
| Other Liabilities, Total | 469.3 | 493.2 | 526.3 | 569.4 | 493.1 |
| Total Equity | 15389.5 | 15493.9 | 15637.2 | 15559 | 15530.2 |
| Common Stock | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 |
| Additional Paid-In Capital | 14744.8 | 14589.9 | 14512 | 14367.9 | 14300.5 |
| Retained Earnings (Accumulated Deficit) | 644 | 903.2 | 1123.5 | 1190.2 | 1228 |
| Total Liabilities & Shareholders’ Equity | 21750.1 | 22273.2 | 22522.1 | 22522.1 | 22162.1 |
| Total Common Shares Outstanding | 863.3 | 859.9 | 856.1 | 853.1 | 852.5 |
| Redeemable Preferred Stock | 0 | ||||
| Other Equity, Total | -1 | -0.9 | -0.8 |
- Annual
- Quarterly
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Net income/Starting Line | -163.5 | -421.034 | -277.298 | 1584.39 | -179.094 |
| Cash From Operating Activities | 1288.8 | 819.368 | 817.287 | 360.297 | 596.744 |
| Cash From Operating Activities | 304.9 | 265.934 | 197.912 | 156.658 | 123.983 |
| Amortization | 1087.4 | 979.377 | 443.616 | 368.082 | 183.318 |
| Deferred Taxes | 50.4 | -93.894 | -39.491 | -785.158 | 118.647 |
| Non-Cash Items | 659.4 | 751.872 | 424.675 | -772.894 | 424.336 |
| Cash Taxes Paid | 95.9 | 7.929 | 14.203 | 117.529 | 8.143 |
| Cash Interest Paid | 147.9 | 91.202 | 54.575 | 76.506 | 39.156 |
| Changes in Working Capital | -649.8 | -662.887 | 67.873 | -190.782 | -74.446 |
| Cash From Investing Activities | -328.4 | -3745.13 | -119.644 | 558.846 | -1752.55 |
| Capital Expenditures | -217.3 | -187.121 | -119.506 | -86.633 | -87.461 |
| Other Investing Cash Flow Items, Total | -111.1 | -3558.01 | -0.138 | 645.479 | -1665.09 |
| Cash From Financing Activities | -662.9 | 2790.83 | -596.78 | -853.949 | 849.737 |
| Financing Cash Flow Items | -226.7 | -316.504 | -147.621 | -105.114 | -66.489 |
| Total Cash Dividends Paid | -204.4 | -191.049 | -160.574 | -159.573 | -148.081 |
| Issuance (Retirement) of Stock, Net | -23.7 | 244.803 | 61.433 | -216.996 | -3.013 |
| Issuance (Retirement) of Debt, Net | -208.1 | 3053.58 | -350.018 | -372.266 | 1067.32 |
| Net Change in Cash | 297.5 | -134.934 | 100.863 | 65.194 | -306.072 |
| Apr 2023 | Jan 2023 | Oct 2022 | Jul 2022 | Apr 2022 | |
|---|---|---|---|---|---|
| Net income/Starting Line | -168.9 | -163.5 | -148.1 | -161.4 | -165.7 |
| Cash From Operating Activities | 208.4 | 1288.8 | 937.3 | 526.3 | 194.8 |
| Cash From Operating Activities | 78.4 | 304.9 | 227 | 152.6 | 75.7 |
| Amortization | 270 | 1087.4 | 814.2 | 544.3 | 272.5 |
| Deferred Taxes | -139.1 | 50.4 | 53.6 | 178.4 | 165 |
| Non-Cash Items | 166.1 | 659.4 | 506.2 | 315.4 | 147.1 |
| Changes in Working Capital | 1.9 | -649.8 | -515.6 | -503 | -299.8 |
| Cash From Investing Activities | -102.7 | -328.4 | -264.2 | -212.3 | -82.4 |
| Capital Expenditures | -102.6 | -217.3 | -161.3 | -113.7 | -38.5 |
| Other Investing Cash Flow Items, Total | -0.1 | -111.1 | -102.9 | -98.6 | -43.9 |
| Cash From Financing Activities | 11.6 | -662.9 | -563.2 | -310.4 | -260.9 |
| Financing Cash Flow Items | -72.6 | -226.7 | -200.2 | -171.7 | -137.6 |
| Total Cash Dividends Paid | -51.4 | -204.4 | -153.1 | -102 | -50.9 |
| Issuance (Retirement) of Stock, Net | 7.5 | -23.7 | -62.5 | -13.6 | -12.5 |
| Issuance (Retirement) of Debt, Net | 128.1 | -208.1 | -147.4 | -23.1 | -59.9 |
| Net Change in Cash | 117.3 | 297.5 | 109.9 | 3.6 | -148.5 |
| Investor Name | Investor Type | Percent Outstanding | Shares Held | Shares change | Holdings Date | Turnover Rating |
|---|---|---|---|---|---|---|
| Fidelity Management & Research Company LLC | Investment Advisor | 14.2778 | 123189220 | 689583 | 2023-06-30 | LOW |
| The Vanguard Group, Inc. | Investment Advisor/Hedge Fund | 8.0665 | 69597910 | 1047126 | 2023-06-30 | LOW |
| BlackRock Institutional Trust Company, N.A. | Investment Advisor | 4.3765 | 37760821 | 3706395 | 2023-06-30 | LOW |
| Capital Research Global Investors | Investment Advisor | 3.7824 | 32634677 | 32387593 | 2023-06-30 | LOW |
| T. Rowe Price Associates, Inc. | Investment Advisor | 3.4836 | 30056630 | -11151197 | 2023-06-30 | LOW |
| T. Rowe Price Investment Management, Inc. | Investment Advisor | 3.1083 | 26818060 | 66915 | 2023-06-30 | LOW |
| State Street Global Advisors (US) | Investment Advisor/Hedge Fund | 2.1677 | 18702567 | -746661 | 2023-06-30 | LOW |
| Invesco Capital Management (QQQ Trust) | Investment Advisor | 1.7036 | 14698918 | 124357 | 2023-09-30 | LOW |
| Goldman Sachs Asset Management, L.P. | Investment Advisor | 1.5314 | 13212921 | -276515 | 2023-06-30 | LOW |
| Geode Capital Management, L.L.C. | Investment Advisor/Hedge Fund | 1.4456 | 12472444 | 2838257 | 2023-06-30 | LOW |
| Brown Advisory | Investment Advisor/Hedge Fund | 1.3593 | 11728462 | -92052 | 2023-09-30 | LOW |
| Janus Henderson Investors | Investment Advisor/Hedge Fund | 1.3106 | 11307971 | -1791856 | 2023-06-30 | LOW |
| Columbia Threadneedle Investments (US) | Investment Advisor/Hedge Fund | 1.2929 | 11155363 | -1217003 | 2023-06-30 | LOW |
| Matrix Capital Management Company, LP | Investment Advisor/Hedge Fund | 0.989 | 8532697 | 8532697 | 2023-06-30 | LOW |
| Pictet Asset Management Ltd. | Investment Advisor/Hedge Fund | 0.9833 | 8484273 | -49945 | 2023-06-30 | LOW |
| BofA Global Research (US) | Research Firm | 0.8504 | 7337368 | -1035891 | 2023-06-30 | LOW |
| Voya Investment Management LLC | Investment Advisor/Hedge Fund | 0.85 | 7334017 | -5160102 | 2023-06-30 | LOW |
| JP Morgan Asset Management | Investment Advisor | 0.777 | 6704105 | -2537472 | 2023-06-30 | LOW |
| BlackRock Investment Management (UK) Ltd. | Investment Advisor/Hedge Fund | 0.7482 | 6455253 | 162872 | 2023-06-30 | LOW |
| Fidelity Institutional Asset Management | Investment Advisor | 0.6732 | 5808094 | -224996 | 2023-06-30 | LOW |
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Marvell Company profile
Delaware-based technology company Marvell Technology produces semiconductors and related technology. Its mission statement states Essentially Technology, Done Right’. The company’s product portfolio spans networking, storage and computing, it also provides customised application-specific integrated circuits (ASIC) and government solutions.
Marvell was founded in 1997 by Dr Sehat Sutardja, his wife Weilj Dai and brother, Pantas Sutardja. It went public in 2000, toward the end of the dot-com bubble, and raised $90m by pricing its 6 million shares at $15 each.
The Silicon Valley chip maker aims to “deliver the data infrastructure technology that connects the world”. To this end, Marvell has made some significant acquisitions.
Until 2017, the company was mostly known for its supply of chips for hard disk drives used in personal computers. In 2018, it acquired Cavium, a fabless semiconductor company specialising in ARM and MIPS-based network, video and security processors and SoCs, which enabled Marvell to enhance its operations in the networking market.
By April 2021, in an attempt to extend its 5G network infrastructure and boost its data centre capabilities, Marvell acquired Inphi Corporation. The latter had been invested in making high-speed data movement systems and had a strong presence among cloud customers.
On 10 May 2022, Marvell announced it was entering into a definitive agreement to acquire the privately-held start-up, Tanzanite Silicon Solutions, which holds expertise in Compute Express Link (CXL) technology. With the acquisition to be completed by the second quarter of fiscal 2023, the buyout would be facilitated in an all-cash transaction.
| Industry: | Semiconductors (NEC) |
1000 N. West Street
Suite 1200
WILMINGTON
DELAWARE 19801
US
Income Statement
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