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11th July 2018, 06:24 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
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| Marvell Completes Acquisition of Cavium Marvell on Friday announced that it had completed its takeover of Cavium. The combined company will have a broad portfolio of IP and patents that promise to enable the combined company to grow as new types of compute workloads emerge in the coming years. In particular, Marvell gains processing capabilities along with a number of other assets. However the company yet has to make it as far as developing a comprehensive roadmap that takes advantage of all assets. As reported in November, Marvell had to offer approximately $5.5 billion for outstanding shares of Cavium and absorb Cavium’s debt of approximately $637.6 million, which brought the value of the transaction to over $6.1 billion. For a rather hefty sum of money, Marvell obtained a developer of ARM and MIPS-based SoCs for network, video, security, storage connectivity, server, and other applications. Essentially, the company transformed itself from a developer of storage controllers (HDD, SSD, RAID, etc.), networking and connectivity solutions into a corporation with a much greater potential. Marvell now pins a lot of hopes on such applications as AI, 5G, and Cloud & Edge computing. It is particularly noteworthy that in its letter to customers, the company even put processing ahead of storage when describing its new portfolio of products. https://www.anandtech.com/show/13055...ecurity-assets |
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