Offer imperious financial returns for Marvell shareholders
Santa Clara, California.,, April 7, 2025 / Prnewswire / – Marvell Technology, Inc. (Nasdaq: MRVL), a leader in the semiconductor solutions of the data infrastructure, announced today that it had concluded a final agreement under which Infineon Technologies AG (“Infineon”) will acquire Ethernet Automobile activity in Marvell in a transaction all artist $ 2.5 billion. This company during the 2026 fiscal year should generate income in the range of $ 225-250 million. The acquisition includes the Ethernet Ethernet Ethernet portfolio of Marvell’s Marvell and related assets. This transaction has been approved by the Marvell board of directors and is expected to close in the calendar year 2025, subject to usual closing conditions and regulatory approvals.
“Marvell has transformed into a provider of leading data infrastructure solutions, the final market of the data center resulting in 75% of the consolidated revenues in the fourth financial quarter of 2025,” said Matt MurphyChairman and CEO of Marvell. “We are extremely proud of the progress that we have made by organizing our automotive ethernet activity in a organic way. We believe that this transaction offers the strongest financial return of Marvell shareholders, given its convincing valuation. With the optimized infineon platform for automotive applications, we are convinced that the Ethernet Automobile company is well positioned for continuous growth and success.”
Marvell plans to discuss the transaction on his next conference call to examine his first quarter of financial results for the 2026 financial year, which is planned for Thursday May 29, 2025has 1:45 p.m. Pacific hour.
About Marvell
To provide the technology of data infrastructure that connects the world, we build solutions on the most powerful basis: our partnerships with our customers. Known by the main global technological companies for over 25 years, we move, store, process and secure the data from the world with semiconductor solutions designed for the current needs of our customers and future ambitions. Thanks to a process of deep collaboration and transparency, we finally change the way in which corporate, cloud, automotive and carrier architectures of tomorrow are transformed – for the best.
Marvell and the M logo are marks of Marvell or its affiliates. Please visit www.marvell.com For a complete list of Marvell brands. Other names and brands can be claimed such as the property of others.
This press release contains prospective declarations within the meaning of the federal laws on securities which involve risks and uncertainties. Prospective declarations include, without limitation, any declaration which could predict, provide, indicate or involve events, results or future achievements. Real events, results or achievements may differ materially from those envisaged in this press release. Prospective declarations are only predictions and are subject to risks, uncertainties and hypotheses that are difficult to foresee, including those described in the “Risk factors” section of our annual reports on form 10-K, quarterly reports on form 10-Q and other documents deposited from time to time. Prospective declarations only speak of the date on which they are made. Readers are warned not to hold on to prospective declarations, and no one assumes the obligation to update or revise such prospective declarations, whether due to new information, future events or otherwise.
For more information, contact:
Investors
Ashish Saran
Senior vice-president, Relations with investors
408-222-0777
(Protected by e-mail)
Media
Global FGS
212-687-8080
(Protected by e-mail)
Source Marvell
