News & Analysis
Chipmaker Marvell Technology announces that it will buy its rival Cavium Inc for $6 billion
A buyout of Cavium would give a boost to the networking ambitions of Marvell, which has clients such as network giants Cisco Systems In.
News & Analysis
Chipmaker Marvell Technology to buy its rival Cavium for about $6 billion
Marvell and Cavium combined would be able to better compete with bigger rivals Intel Corp, Qualcomm and Broadcom, Stifel analyst Kevin Cassidy said.
News & Analysis
Matthew Murphy named the new CEO and President for Marvell Tech
Chipmaker Marvell Technology Group Ltd named Matthew Murphy as chief executive and president, replacing its co-founders who stepped down from the posts in April after a probe raised questions about the top management's operating style.