Marvell to sell the Ethernet Automobile company in Infineon for $ 2.5 billion in cash
Offer imperious financial returns for Marvell shareholders
Santa Clara, California.,, April 7, 2025 / /Prnewswire/ – Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, announced today that it had concluded a definitive agreement under which Infineon Technologies AG (“Infineon”) acquires the Marvell Ethernet Automobile activity in a all-faire transaction evaluated at Marvell’s Automin’s Business in a transaction all Acash evaluated Marvell’s Automotive Business Dust in an ACASH transaction evaluated at the $ 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.
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408-222-0777
ir@marvell.com
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Source Marvell