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Marvell and Cavium to combine
2017-11-20 14:40:27| Digital TV News
Marvell (NASDAQ: MRVL) and Cavium (NASDAQ: CAVM) have announced a definitive agreement under which Marvell will acquire all outstanding shares of Cavium common stock in exchange for consideration of $40.00 per share in cash and 2.1757 Marvell common shares for each Cavium share.
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.
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Marvell to buy Cavium for USD 6 bln - report
2017-11-20 09:16:00| Telecompaper Headlines
(Telecompaper) Market watchers said Marvell is trying to remake itself after a corporate scandal which led to the exit of its founders under pressure from activist investor Starboard. This would be the largest acquisition to date for Marvell. Cavium, a maker of network processors, is one of several companies trying to use ARM equipment to break Intel's hold on the server microprocessor market.
Cavium to buy QLogic for USD 1 billion
2016-06-16 08:32:00| Telecompaper Headlines
(Telecompaper) Cavium has agreed to acquire QLogic for USD 1.36 billion. The agreed bid is worth USD 15.50 per share, comprised of USD 11.00 in cash and 0.098 of a share of Cavium stock for each share of QLogic. The gives QLogic an equity value of USD 1.36 billion, including the USD 355 million in cash it holds, and has been unanimously approved by the boards of directors of both companies. Cavium said the merger will create a "diversified pure-play infrastructure semiconductor leader", with QLogic bringing a leading portfolio of advanced connectivity and storage solutions alongside Cavium's range of networking, compute and security products. The companies will target the enterprise, cloud, data centre, storage, telco and networking markets and generate annual revenue of nearly USD 1 billion.
Lanner Announces MR-810 Secure Networking Appliance for Telecom and NFV Applications Based on Cavium ThunderX Workload Optimized Processors
2016-03-02 11:31:13| Industrial Newsroom - All News for Today
SAN JOSE, Calif. - Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, and Lanner Electronics Inc., a world-leading hardware provider in design, engineering, and manufacturing services for...
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