Home Marvell confirms Cavium takeover for USD 6 billion
 

Keywords :   


Marvell confirms Cavium takeover for USD 6 billion

2017-11-20 13:18:00| Telecompaper Headlines

(Telecompaper) Marvell Technology has confirmed an agreement to acquire Cavium for USD 6 billion, in a bid to relaunch the company in the networking market. If approved, Cavium shareholders will own around 25 percent of the combined group, which will have around USD 3.4 billion in annual sales. 

Tags: usd billion confirms takeover

Category:Telecommunications

Latest from this category

All news

»
26.06Universal UK resort to open 365 days a year
26.06Eastern North Pacific Tropical Weather Outlook
26.06Atlantic Tropical Weather Outlook
26.06VW to invest up to $5bn in Tesla rival Rivian
26.06Strategic use of soybean meal to maximize hog carcass weight during summer
26.06Eastern North Pacific Tropical Weather Outlook
26.06Atlantic Tropical Weather Outlook
26.06Aer Lingus pilots begin industrial action over pay dispute
More »