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Marvell Completes Acquisition of Inphi News provided by Share this article Share this article SANTA CLARA, Calif., April 20, 2021 /PRNewswire/ Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions today announced the completion of its acquisition of Inphi Corporation. The combination creates a U.S. semiconductor powerhouse positioned for end-to-end technology leadership in data infrastructure. The combined company, Marvell Technology, Inc. ( Marvell ), is a Delaware corporation domiciled in the United States. I am excited to welcome the Inphi team to Marvell and look forward to realizing the tremendous value creation potential of this combination for our customers, employees and shareholders. Together we will have the portfolio, capabilities, and scale to expand Marvell s leadership in its key growth end markets of 5G, Cloud and Automotive, said Matt Murphy, president and CEO of Marvell. I am also pleased th ....
Shareholders Approve the Proposed Acquisition of Inphi Corporation; Shareholders Approve Marvell s Reorganization of the Combined Company into Delaware News provided by Share this article Share this article SANTA CLARA, Calif., April 15, 2021 /PRNewswire/ Marvell Technology Group Ltd. (NASDAQ: MRVL) ( Marvell ) announced that its shareholders have voted to approve the previously announced proposed acquisition of Inphi Corporation, Inc. (NASDAQ: IPHI) and also Marvell s proposal to reorganize so that the combined company will be domiciled in the United States. In a preliminary count of the voting results from today s meeting of shareholders, more than 99 percent of votes represented in person or by proxy were voted in favor of approving these proposals. At a meeting held today prior to the Marvell shareholder vote, Inphi Corporation shareholders voted to approve the merger with Marvell. Marvell expects the transaction to close on or around April 20, 2021, subjec ....
Annabelle Farmer February 13, 2021 Marvell Technology Group Ltd. [NASDAQ: MRVL] gained 0.10% or 0.05 points to close at $49.65 with a heavy trading volume of 12183647 shares. The company report on April 13, 2021 that Marvell Technology Group Ltd. Announces Closing of $2 Billion Senior Notes Offering. Marvell Technology Group Ltd. (NASDAQ: MRVL) (“Marvell”) announced that its wholly owned subsidiary, Marvell Technology, Inc. (“MTI”), has closed its previously announced offering of: (i) $500,000,000 aggregate principal amount of 1.650% Senior Notes due 2026 (the “2026 Notes”), (ii) $750,000,000 aggregate principal amount of 2.450% Senior Notes due 2028 (the “2028 Notes”) and (iii) $750,000,000 aggregate principal amount of 2.950% Senior Notes due 2031 (the “2031 Notes” and, together with the 2026 Notes and the 2028 Notes, the “Notes,” and such offering, the “Notes Offering”). The Notes were sold pursuant to Rule 144A under the Securi ....
Share this article Share this article SANTA CLARA, Calif., April 12, 2021 /PRNewswire/ Marvell Technology Group Ltd. (NASDAQ: MRVL) ( Marvell ) announced today that its wholly owned subsidiary, Marvell Technology, Inc. ( MTI ), has closed its previously announced offering of: (i) $500,000,000 aggregate principal amount of 1.650% Senior Notes due 2026 (the 2026 Notes ), (ii) $750,000,000 aggregate principal amount of 2.450% Senior Notes due 2028 (the 2028 Notes ) and (iii) $750,000,000 aggregate principal amount of 2.950% Senior Notes due 2031 (the 2031 Notes and, together with the 2026 Notes and the 2028 Notes, the Notes, and such offering, the Notes Offering ). The Notes were sold pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act ), to purchasers in the United States and pursuant to Regulation S under the Securities Act to purchasers outside of the United States. ....