Marvell Technology : Matt Murphy Talks Inphi Acquisition on CNBC’s Squawk Alley
October 30, 2020 at 12:55 pm EDT
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Yesterday Marvell announced its intent to join forces with Inphi, a leader in high-speed data movement. A premier company in the semiconductor industry, and one of the highest regarded companies in our space, Inphi's highly complementary portfolio accelerates growth and leadership in cloud and 5G. The combination of the two companies is expected to create a U.S. semiconductor powerhouse with an enterprise value of approximately $40 billion.
Combined with explosive Internet traffic growth and the rollout of new ultra-fast 5G wireless networks, the importance of Inphi's high-speed data interconnect solutions will only accelerate. The merged company will be uniquely positioned to serve the data-driven world, addressing high growth, attractive end markets - cloud data center and 5G.
President and CEO of Marvell, Matt Murphy had the opportunity to discuss the deal with CNBC's Squawk Alley team after the news broke yesterday morning. Catch a replay of that video broadcast here to learn more.
Press Release: (Click Here)
Analyst commentary from Patrick Moorhead of Moor Insights & Strategy and Daniel Newman of Futurum Research: (Click Here)
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Marvell Technology Group Ltd. published this content on 30 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 October 2020 16:54:04 UTC
Marvell Technology Group Ltd specializes in designing and marketing integrated communications and storage circuits intended for manufacturers of high-speed network equipment, hard disks, and consumer electronics. Net sales break down by area of application as follows:
- data centers (40.7%): artificial intelligence systems, data storage systems, Ethernet switches, servers, interconnection systems, etc.;
- enterprise networks (23.1%): routers, Ethernet switches, wireless access points, network equipment, workstations, etc. for campuses, small and medium-sized enterprises;
- telecom network infrastructures (18.3%): access multiplexers, Ethernet switches, optical transport systems, routers, wireless radio network access systems, etc.;
- consumer electronics (11.9%): broadband gateways and routers, game console systems, home data storage systems, home wireless access points, personal computer systems, printers and receiver terminals;
- automotive and industrial (6%): advanced driver assistance systems, autonomous vehicle systems, embedded network systems, industrial Ethernet switches, video surveillance systems.
Net sales are distributed geographically as follows: the United States (11.7%), China (42%), Malaysia (6.6%), Thailand (6.6%), Singapore (5.6%), Taiwan (4.9%), Japan (4.4%), Finland (3.2%), Philippines (2.9%) and other (12.1%).
MARVELL TECHNOLOGY GROUP LTD 
