Marvellous Merger: Marvell sells segment to Infineon for $2.5B
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Marvellous Merger: Marvell sells segment to Infineon for $2.5B
As the semiconductor industry reals from the global trade war, Marvell Technology announced it will sell its automotive ethernet business to Infineon Technologies AG, Germany’s largest semiconductor manufacturer for $2.5 billion. According to DealPulse’s M&A database, which harnesses both AI and attorneys to digest the granular deal points of publicly-announced transactions, the all-cash deal is subject to regulatory approvals but expected to clo
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