Fact-checked by Grok 2 weeks ago

Marvell Technology

Marvell Technology, Inc. is a leading American fabless company specializing in the design and development of solutions, encompassing compute, networking, , , and security technologies that power (AI), , enterprise networks, carrier infrastructure, and automotive applications. Headquartered in , the company focuses on delivering high-performance, energy-efficient silicon solutions to accelerate data movement and processing in modern digital ecosystems. Founded in 1995 by , , and Pantas Sutardja, Marvell initially revolutionized the digital industry by enabling unprecedented data transfer speeds through innovative read-channel and technologies for hard disk drives. Over the decades, it has evolved into a comprehensive provider of system-on-a-chip () devices, Ethernet switches, optical digital signal processors (DSPs), custom application-specific integrated circuits (), and processors tailored for AI accelerators and s. Key business segments include solutions for AI and , enterprise networking for secure , and for hyperscale environments, with a growing emphasis on custom silicon co-designed with major providers. Under the leadership of Matt Murphy, who has served as President, CEO, and Chairman since 2016, Marvell has pursued strategic acquisitions—such as in 2021 and Avera Semiconductor in 2019—to bolster its optical and high-speed interconnect capabilities, positioning it as a critical enabler of the era. As of fiscal year 2025, the company employs 7,042 people worldwide and generates annual revenues exceeding $5 billion, with significant growth driven by demand for ; for instance, in the second quarter of fiscal year 2026 (ended August 2, 2025), it reported record quarterly revenue of $2.006 billion, a % increase year-over-year. Marvell's portfolio supports end-to-end accelerated computing platforms, from custom CPUs and accelerators to high-speed interfaces, ensuring reliable performance across multi-petabit-scale networks.

Company Overview

Founding and Early Development

Marvell Technology was founded in 1995 by , , and Pantas Sutardja in , operating as a fabless semiconductor company initially targeting storage and networking chips. The founders, drawing from their prior experience at Micro Linear Corporation, sought to leverage technology to create more efficient integrated circuits for applications. The company's first major product was a CMOS-based read-channel for hard disk drives, with a working prototype completed by late 1995 and volume shipments beginning in 1996 to as its inaugural customer. This innovation marked Marvell's entry into the storage market and quickly positioned it as a leader in disk drive controllers by enabling higher data densities through and high-speed sampling. Marvell completed its on in June 2000 under the ticker symbol , pricing 5.5 million shares at $15 each and raising $82.5 million to fund expansion and . The IPO occurred amid a volatile market following the dot-com peak, yet shares surged significantly on debut, reflecting investor confidence in the company's storage-focused growth. Among its foundational innovations, Marvell developed technologies for hard disk drives starting in the late , offering low-noise, cost-effective solutions compatible with magnetoresistive heads to enhance read/write performance in and . The company also pioneered serializer/deserializer () technologies during this period to facilitate high-speed data transfer in systems, integrating them into early controller designs for improved and . By fiscal 2003, Marvell had expanded to 1,272 employees and reported net revenue of $505 million, driven primarily by storage products that accounted for 56% of sales. This growth reflected the company's rapid scaling in the early 2000s, supported by increasing demand for its disk drive components amid the rise of personal computing and broadband adoption.

Leadership and Corporate Structure

Matt Murphy has served as Chairman and Chief Executive Officer of Marvell Technology since July 2016. Prior to joining Marvell, Murphy spent 22 years at Maxim Integrated Products, where he held roles including Senior Vice President of Business Management and Development, overseeing product development, sales, and field applications engineering. Marvell was co-founded in 1995 by , , and Pantas Sutardja. served as President and later as Executive Chair until her ouster from management roles in April 2016 alongside her husband , who had been CEO since the company's . Pantas Sutardja, as co-founder and former , contributed to early technical direction before departing in 2009 amid a stock that impacted the founders' influence, though and remained in leadership until the 2016 board action following an internal investigation. The company's board of directors consists of 10 members as of fiscal year 2025, with nine bringing expertise in , finance, and semiconductors; notable members include Brad Buss, a former CFO of with financial acumen, and Rick Wallace, CEO of , offering deep industry insights. In 2025, directors Michael Strachan and Robert Switz did not stand for reelection at the annual meeting, with Brad Buss appointed as Lead effective June 2025. The board emphasizes , with women comprising 30% of directors and ethnic minorities 40% as of 2023, alongside strengthened ESG commitments post-2020, including oversight of goals through the Nominating and Governance Committee. Marvell's corporate governance features a simplified single-class share structure following the 2018 redomiciliation from to , which eliminated the prior dual-class voting arrangement to enhance shareholder equality. Headquartered in , the company maintains a global organizational framework with key R&D centers in ( and Yokneam for Ethernet and connectivity innovations), ( and for design and verification), and residual operations in despite 2023 reductions. As of fiscal year 2025, Marvell employed 7,042 people worldwide, with a strong emphasis on talent, as approximately 70% of the workforce is dedicated to R&D roles in design and development.

Financial Performance and Market Position

Marvell Technology reported 2025 of $5.77 billion, marking a 4.7% increase from the prior year's $5.51 billion and reflecting robust demand in and AI-related segments. Projections for 2026 emphasize AI-driven growth, with analysts expansion of approximately 15% to around $6.6 billion, supported by custom solutions for hyperscalers. This uptick is partly attributed to contributions from prior acquisitions, such as Inphi, which bolstered optical and networking capabilities. As of November 2025, Marvell's stood at approximately $78 billion, positioning it as a mid-tier player in the sector. The company's stock (: MRVL) experienced a year-to-date decline of about 17% through late November 2025, amid broader tech sector volatility despite strong quarterly results in units and Ethernet solutions. Profitability metrics for fiscal 2024 highlighted gross margins of roughly 47% on a basis (around 64% non-GAAP), driven by high-margin custom chips, though reflected a loss of $933 million, influenced by ongoing acquisition-related amortization and integration costs. Marvell maintains a position in semiconductors, particularly excelling in for AI data centers, with an estimated 10% in Ethernet switching where it ranks as the second-largest provider behind . Key competitors include , which dominates custom AI accelerators, and , a leader in GPU-based compute, though Marvell differentiates through specialized networking and storage silicon tailored for cloud-scale deployments. In 2025, Marvell earned recognition as one of Newsweek's World's Most Trustworthy Companies in the technology hardware category, based on stakeholder surveys evaluating transparency and ethical practices. Additionally, upgraded Marvell's to 'BBB' from 'BBB-' in October 2025, citing enhanced revenue scale, profitability improvements, and a stable outlook amid AI market expansion.

History

Initial Growth and Milestones (1995–2010)

Following its founding in 1995, Marvell Technology rapidly expanded in the late 1990s by focusing on storage connectivity solutions, particularly read channel chips for hard disk drives. By 1998, the company introduced a disk drive chip that enabled data transfer 20% faster than competing Texas Instruments products, securing Seagate Technology as its first major customer and establishing dominance in high-end hard disk drive markets. This innovation marked Marvell's entry into system-on-chip (SoC) designs, leveraging complementary metal-oxide-semiconductor (CMOS) technology for cost-effective, high-performance signal processing in storage applications. In the early 2000s, Marvell went public with its (IPO) in June 2000, which provided capital for expansion. The company diversified into networking with the acquisition of Galileo Technology in October 2000 for approximately $2.7 billion in stock, which bolstered its Ethernet switch and system controller capabilities. The company applied its expertise to develop physical layer devices, shipping significant volumes by fiscal 2003 and contributing to revenue growth amid the shift from to higher-speed standards. Concurrently, Marvell entered the communications segment, launching products for converged voice, video, and data networks across local area networks (LANs) and wide area networks (WANs). The dot-com bust in 2001 posed challenges, as an economic slowdown led customers to delay orders for next-generation technologies, impacting Marvell's growth trajectory. Despite this, the company expanded into additional markets, including broadband access solutions and printer SoCs, with integrated application-specific integrated circuits () designed for and systems. Revenue reflected this resilience, rising from $21.3 million in fiscal 1999 to $143.9 million in fiscal 2001 and reaching $505.3 million by fiscal 2003. Key milestones in the mid-2000s included the $600 million acquisition of Intel's ARM-based processor business in November 2006, which propelled Marvell into mobile and wireless computing markets. The following year, Marvell supplied the chip for Apple's original , integrating 802.11 wireless networking capabilities into the device. These developments drove revenue to a peak of $2.89 billion in fiscal 2007. By 2010, Marvell had amassed over 3,000 patents worldwide, with a strong emphasis on technologies underpinning its , networking, and connectivity products.

Expansion and Transformation (2010–2025)

In the early , Marvell Technology faced significant challenges stemming from a stock scandal that emerged in 2007, leading to charges and a $10 million penalty for the company in 2008. The repercussions continued to affect leadership stability, culminating in the 2016 ouster of co-founders and long-time executives and following a board investigation into accounting practices and performance issues. Under new CEO Matt Murphy, appointed in July 2016, the company initiated a strategic restructuring, pivoting from its traditional focus on solutions toward and infrastructure technologies to align with emerging demands. This transformation accelerated in the late with key divestitures and technological advancements, including a pivotal $6 billion acquisition of , Inc. in July 2018, which enhanced Marvell's processors and networking capabilities. In 2019, Marvell sold its Wi-Fi and connectivity business to for $1.76 billion, allowing it to streamline operations and concentrate resources on core segments. Concurrently, the company entered advanced manufacturing processes, announcing in 2020 a collaboration with to develop a 5nm portfolio for high-performance compute, networking, and security applications tailored to and networks. Marking its 25th anniversary, Marvell unveiled a in 2020 to emphasize its evolution into a provider of essential technology, reflecting years of internal shifts toward collaborative and reliable solutions for and markets. Entering the 2020s, Marvell deepened its pivot to and , achieving significant traction with hyperscalers. By 2025, the company reported 18 active AI custom silicon sockets across major hyperscalers, including XPUs and attach devices, underscoring its role in powering deployments. In 2025, Marvell announced advancements in interconnects, including the Ara 1.6T PAM4 platform built on 3nm technology, designed for high-speed and fabrics, which earned the company the Leading EDGE Award for overall innovation in connectivity. This recognition highlighted Marvell's contributions to scalable systems, with the platform enabling low-power, co-packaged for next-generation centers. Supporting this growth, Marvell expanded its global R&D footprint in , particularly in , where it established its third-largest engineering hub with over 500 employees by 2025, focusing on design and innovation for technologies. These investments in Asian facilities, including new offices in and , have bolstered development in and solutions, contributing to projected year-over-year growth in optics revenue.

Products and Technologies

Compute and AI Solutions

Marvell's compute and solutions center on high-performance units (DPUs) designed for , , and environments. The OCTEON series, particularly the OCTEON 10 family, integrates N2 cores with advanced networking accelerators to deliver server-class performance for demanding workloads. Built on a 5nm process, these DPUs provide up to three times the compute performance per core per GHz compared to prior generations, while reducing power consumption by 50%, enabling efficient handling of hyperscale tasks, transport, and processing. In custom AI silicon, Marvell co-designs XPUs and attached solutions tailored for hyperscalers such as AWS and Google Cloud, optimizing for scale-up AI fabrics in large-scale deployments. These include specialized AI accelerators like AWS's Trainium chips, where Marvell supplies custom silicon for enhanced workload efficiency, alongside XPU-attached components for interconnect and memory integration. This approach supports AI training and inference by providing architecture tuned to specific cloud demands, with recent expansions including a five-year agreement with AWS for broad data center semiconductors. Security is embedded directly into Marvell's compute platforms through hardware security modules (HSMs), ensuring robust protection for sensitive and cloud operations. The LiquidSecurity HSM adapters, certified to Level 3, integrate cryptographic acceleration and secure key storage into DPUs and CXL devices like the Structera line, which features an embedded HSM with TrustZone for root-of-trust implementation. These modules protect against threats in data centers by enabling for , , and algorithms without compromising performance. In 2025, Marvell launched advancements in AI interconnects supporting 800G and 1.6T speeds, including co-packaged optics (CPO) platforms and PAM4 DSPs for intra-data-center links up to 500 meters. These enable high-bandwidth, low-latency fabrics for AI scale-up and scale-out, with demonstrations at events like ECOC and OFC showcasing 200G/lane CPO and 1.6T modules. Complementing this, Marvell introduced active copper cable (ACC) linear equalizers in October 2025, extending copper reach to 9 meters at 800G while reducing power by up to 50% compared to optical alternatives, ideal for power-efficient AI clusters in rack-scale deployments. These solutions primarily target data centers, facilitating training and through low-latency processing that offloads tasks from host CPUs to dedicated accelerators. By integrating compute, networking, and security in a single platform, Marvell's offerings enhance overall infrastructure efficiency, with synergies to broader networking for seamless data flow in hyperscale environments.

Networking and Connectivity

Marvell Technology's networking and connectivity portfolio encompasses a range of hardware solutions designed to facilitate high-speed data transmission in , , and carrier environments. Central to this offering is the Prestera family of Ethernet switches, which provide scalable, multilayer switching capabilities for campus and applications. The Prestera 98DX73xx series features small-footprint, low-power devices with integrated multi-core CPUs, MACsec , and high-precision timing support, enabling efficient handling of complex traffic patterns. Similarly, the Prestera 98DX45xx series supports stackable configurations with 24 or 48 ports, while the 98EX56xx integrates 28G and 56G I/O to deliver up to 400GbE ports on larger models. The Prestera 8500C series extends this capability to 12.8 Tbps throughput, incorporating 256 high-speed 56G PAM4 lanes for 32 400G Ethernet MAC interfaces, optimized for storage-aware networking in data centers. These switches also support emerging 800G port configurations, addressing the demands of high-density and infrastructures. Complementing the switches are Marvell's connectivity solutions, including the PHY family for applications and, prior to its divestiture in August 2025, automotive Ethernet. The series provides versatile transceivers with support for multi-gigabit speeds, such as the Alaska M 3610, a 5nm-based single-port 10GbE PHY that reduces power consumption by over 50% compared to prior generations while enabling up to 10 Gbps bandwidth for 7 and devices. For optical connectivity, Marvell's PAM4 DSPs power high-bandwidth transceivers in centers and carrier networks. The 1.6T PAM4 DSP, for instance, serves as a gearbox solution for AI/ML and optical modules, while the Ara platform, built on 3nm process technology, delivers 1.6 Tbps with 200 Gbps electrical and optical interfaces to enhance bandwidth density. The Gen2 further supports 800 Gbps at 5nm for short-reach single-mode interconnects up to 500 meters. These DSPs ensure low-latency, energy-efficient links critical for hyperscale deployments. In support of AI workloads, Marvell offers scale-out fabrics tailored for hyperscale environments, including co-packaged (CPO) demonstrated at ECOC 2025. These fabrics enable rack-scale interconnects with 200G/lane CPO platforms, reducing and power usage while scaling AI clusters across multiple nodes. Innovations such as 1.6T modules for long-reach , including active electrical cables (AECs) extending up to 9 meters at 800G, address the limitations of passive in AI scale-up applications by providing low-power, low- alternatives with extended reach. Marvell's networking portfolio, encompassing , , and carrier segments, generated over 50% of the 's in 2024, underscoring its strategic importance amid surging demand for AI infrastructure. All solutions comply with standards for high-speed Ethernet, ensuring and forward compatibility for speeds from 10GbE to 800GbE and beyond.

Storage and Security Solutions

Marvell's storage solutions center on advanced controllers designed for high-performance handling in and environments. The Bravera family of SSD controllers, including the SC5 series, supports PCIe 5.0 and NVMe 1.4b protocols, enabling doubled performance over previous generations for hyperscale solid-state drives used in and applications. These controllers integrate flash management expertise to deliver versatile interfaces such as , , PCIe, NVMe, and NVMe-oF, targeting , , and client markets with emphasis on and . Historically rooted in read channel technologies for hard disk drives during the company's early development, Marvell has evolved its portfolio toward SSD dominance as HDD applications waned in the post-2010s era amid the shift to flash-based systems. While legacy HDD controllers like Bravera models persist for high-capacity nearline with low-power read channels, the focus has pivoted to SSDs for superior density and speed in modern infrastructures. In security solutions, Marvell embeds root-of-trust mechanisms and cryptographic accelerations to protect and at rest, particularly within deployments. The OCTEON processor family, including TX2 and 10 series, incorporates programmable accelerators for packet processing and tasks such as and SSL, providing scalable throughput up to multi-100Gbps while supporting Armv8 cores for secure embedded applications. Complementary cryptographic offload engines and LiquidSecurity modules (HSMs) deliver high-performance , , and tamper-resistant operations, certified for Level 3 compliance in and enterprise settings. Supporting arrays, Marvell offers PCIe retimers and fabric switches optimized for extended reach and reliability in NVMe-over-Fabric environments. The P series PCIe Gen 6 retimers extend for high-speed connections between storage components, GPUs, and CPUs in fabrics, achieving low and for AI-accelerated infrastructures. These integrate seamlessly with -based platforms, such as the ARMADA 3700 SoC for low-power servers and OCTEON processors for edge-to-cloud deployments, as demonstrated in partnerships like Baidu's ARM servers. Marvell's and offerings contribute significantly to its segment, which accounted for approximately 41% of net revenue in fiscal and grew to around 70-75% by fiscal , driven by demand in environments. Advancements in secure technologies, such as those in the Prestera 98DX series switches, enable trusted execution and protection against tampering on devices, incorporating SecureIQ for trustworthiness in and applications. Looking to 2025, Marvell introduced innovations in solutions for data persistence, including high- (HBM) architectures and 2nm that reduce power by up to 70% while providing 17x density for persistent in accelerators. These high- interfaces offload PHY logic to base dies, optimizing workloads with up to 33% greater capacity and lower in data centers.

Acquisitions and Divestitures

Key Acquisitions

Marvell Technology has pursued a of strategic acquisitions to expand its capabilities in networking, data center , and custom , particularly since the mid-2010s, enabling the company to integrate advanced technologies and into its portfolio. These moves have focused on bolstering positions in high-growth areas like and AI-driven connectivity, with a total of nine acquisitions completed since that added over 1,200 patent families. One of the most transformative deals was the acquisition of , Inc., for approximately $6 billion in a cash-and-stock transaction, completed on July 6, . This acquisition integrated Cavium's OCTEON processors, enhancing Marvell's offerings in networking and applications for data centers and . The deal significantly scaled Marvell's infrastructure solutions, contributing to subsequent revenue growth in enterprise segments. In 2021, Marvell acquired in a $10 billion cash-and-stock deal, announced in October 2020 and closed in April 2021. expertise in optical processors (DSPs) strengthened Marvell's interconnect solutions, particularly for high-speed optical communications in environments. This integration positioned Marvell as a key player in and hyperscale markets. Also in 2021, Marvell completed the $1.1 billion all-stock acquisition of Innovium, Inc., announced on August 3 and finalized on October 5. Innovium's Ethernet switching technologies expanded Marvell's capabilities for data fabrics and cloud-scale networking. The acquisition added depth to Marvell's portfolio for handling massive data flows in infrastructures. In 2019, Marvell acquired Aquantia Corp. for $452 million in cash, announced on May 6 and completed later that year. Aquantia's multi-gigabit Ethernet PHY technology enhanced Marvell's automotive and enterprise networking connectivity solutions. Earlier in 2019, Marvell acquired Avera Semiconductor from for $650 million in cash, with the deal closing on November 5. Avera's custom ASIC design expertise enabled Marvell to better serve hyperscalers with tailored silicon solutions for infrastructure applications. This move complemented Marvell's broader custom silicon strategy. In 2022, Marvell acquired Tanzanite Silicon, an engineering services firm specializing in custom silicon design, for an undisclosed amount. This acquisition bolstered Marvell's internal engineering capabilities for advanced ASIC development in AI and data center applications. An earlier notable acquisition was Intel's XScale communications and application processor business in 2006 for $600 million, completed in November. This brought ARM-based processor technology to Marvell, laying groundwork for its embedded processing capabilities in mobile and networking devices.

Major Divestitures and Strategic Shifts

In 2019, Marvell Technology divested its and connectivity business to in an all-cash transaction valued at $1.76 billion, completed in December of that year. This sale allowed Marvell to streamline its portfolio by exiting consumer-oriented wireless technologies and redirecting resources toward higher-margin solutions, including networking and storage for cloud environments. A more significant divestiture occurred in August 2025, when Marvell sold its Automotive Ethernet business, including the Brightlane portfolio, to for $2.5 billion in cash, with the deal closing on August 14. This move marked Marvell's exit from the non-core automotive segment, which had contributed around $225–250 million in annual revenue, enabling a sharper focus on AI-driven opportunities in data centers. The proceeds from this transaction were allocated toward strengthening the balance sheet, including debt reduction and increased investment in for AI technologies. Complementing these asset sales, Marvell began phasing out certain legacy storage products around 2022, shifting emphasis from traditional controllers and fiber channel solutions to cloud-optimized accelerators and SSD technologies tailored for data centers. This transition reflected a broader strategic pivot post-2020 toward custom chips and accelerated platforms, partnering with hyperscalers to design application-specific integrated circuits () for workloads. During this period, Marvell explored but ultimately did not pursue a potential takeover by in 2025, which would have integrated it with to bolster custom chip capabilities; the discussions remained preliminary and unrealized. These divestitures and shifts yielded tangible financial benefits, with Marvell reporting improved non-GAAP gross margins reaching 59.4% in the second quarter of fiscal 2026, up from prior periods, partly due to the elimination of lower-margin automotive revenues and a refocus on high-growth and markets.

Controversies and Legal Issues

Stock Options Backdating Scandal

In 2006, Marvell Technology disclosed irregularities in its stock option granting practices, revealing that the measurement dates for certain grants differed from the recorded dates, prompting an internal investigation and regulatory scrutiny. The probe uncovered a scheme where the company backdated options grants primarily from early 2001 to mid-2004, retroactively selecting dates when the stock price was at a low point to issue "in-the-money" options without recording the associated under applicable standards at the time. This inflated by millions and enabled Marvell to overstate its publicly reported income by $362 million across fiscal years 2000 through 2006. The backdating was orchestrated by key executives on the company's Stock Option Committee, including co-founders Sehat Sutardja, the CEO and chairman, and his wife Weili Dai, the COO, who were the sole members of the committee during the relevant period. Dai was directly accused of directing the falsification of board meeting minutes to disguise the retroactive grant dates, while Sehat Sutardja participated in approving the grants as a committee member. Co-founder Pantas Sutardja, the CTO and brother of Sehat, was also implicated as a senior executive benefiting from the practice, though not charged individually in the primary regulatory action. In May 2008, Marvell reached a with the U.S. , agreeing to pay a $10 million and consenting to a permanent against future violations of securities laws, without admitting or denying the allegations. Separately, Weili Dai settled SEC charges against her, paying a $500,000 penalty and accepting a five-year from serving as an officer or director of any . No criminal charges were brought against Marvell executives in connection with the backdating, despite broader federal probes into similar practices at other firms during the era. The scandal prompted a 2009 shareholder class-action lawsuit for $72 million to resolve claims of misleading disclosures. The controversy had profound financial repercussions for Marvell, requiring the restatement of earnings for fiscal years 2002 through 2006 to account for $327.4 million in previously unrecorded compensation expenses, which cumulatively reduced reported by approximately $300 million over the period. The company's stock price plummeted in response, declining more than 50% from $35.32 per share in January 2006 to $16.37 per share by May 2007 amid ongoing investigations and disclosures. In the aftermath, Marvell undertook governance reforms, including the adoption of predefined, fixed-date policies for future stock option grants to ensure transparency and compliance, along with enhanced internal controls over . These changes contributed to leadership shifts, with the founding executives eventually stepping down from operational roles.

Patent Infringement Disputes

In 2009, (CMU) initiated a lawsuit against Marvell Technology Group Ltd. and Marvell Semiconductor Inc., alleging that the company had willfully infringed two s related to predictive detection and reduction techniques for improving data read accuracy in hard disk drives. The patents in question, U.S. Patent Nos. 6,201,839 and 6,438,180, covered algorithms for suppressing in read channel detectors, technologies central to Marvell's controller used in of devices. After a in the U.S. District Court for the Western District of , a in December 2012 found Marvell liable for infringement on both patents, awarding CMU $1.17 billion in damages based on reasonable royalty calculations tied to Marvell's chip sales. The verdict escalated in 2014 when the district court upheld the infringement findings, added a finding of willful infringement, and enhanced damages by 40%, resulting in a total award of approximately $1.54 billion, plus interest and attorney fees—marking one of the largest verdicts in U.S. history at the time. Marvell appealed to the U.S. Court of Appeals for the Federal Circuit, arguing invalidity due to obviousness and improper extraterritorial damages calculations, but the court largely affirmed the lower court's rulings in while remanding for limited recalculation of foreign sales damages. The dispute concluded in February 2016 with a in which Marvell agreed to pay CMU $750 million, a figure that, after legal fees, provided significant funding for university research and inventor shares. This case highlighted vulnerabilities in enforcement and influenced Marvell's approach to portfolio management. Beyond the CMU litigation, Marvell has encountered other patent disputes, including a 2014 jury verdict in favor of France Telecom (now Orange) for $1.7 million over infringement related to error-correction coding technology in Marvell's communications processors, though such cases are smaller in scale compared to the CMU award. In the 2020s, Marvell has faced ongoing claims from non-practicing entities, such as a 2025 suit by Daedalus Prime LLC alleging infringement of patents related to semiconductor processing, reflecting the persistent litigation risks in the industry. Cumulative costs from major patent settlements and defenses since 2010, dominated by the CMU resolution, have exceeded $750 million, underscoring the financial burden of IP conflicts in high-tech sectors. Marvell's expansive intellectual property portfolio, comprising over 10,000 issued patents worldwide as of February 2025, serves as a defensive asset in these disputes, facilitating cross-licensing agreements with competitors to mitigate infringement risks and resolve claims without protracted trials. These experiences have reinforced Marvell's IP strategy, prompting increased investment in in-house research and development to bolster proprietary innovations in areas like AI accelerators and networking silicon, thereby reducing reliance on potentially contested third-party technologies. The broader industry implications include heightened scrutiny on patent validity in storage and connectivity technologies, encouraging firms to prioritize robust licensing frameworks to avoid similar multimillion-dollar exposures.

SEC Revenue Management Settlement

In September 2019, the U.S. charged Marvell with misleading investors through an undisclosed scheme from fiscal years 2015 and 2016, where directed sales teams to "pull in" future-period revenues to meet quarterly targets. This practice involved accelerating shipments and recognizing $156 million in revenue prematurely, without disclosure, violating antifraud, reporting, books and records, and internal controls provisions of federal securities laws. The scheme allowed Marvell to report higher-than-actual revenues in certain quarters while deferring them to future periods, distorting financial performance. Marvell settled the charges without admitting or denying the allegations, agreeing to pay a $5.5 million and consenting to a cease-and-desist order. The settlement did not result in restatements of prior financials, as the pulled-in revenues were eventually recognized, but it highlighted ongoing challenges following the earlier stock options scandal. No individual executives were charged in this action. This case contributed to Marvell's cumulative regulatory penalties exceeding $15 million since 2008 and reinforced the company's efforts to strengthen disclosure practices and functions.

References

  1. [1]
    Products | Delivering the industry's broadest portfolio of data ...
    Marvell offers a broad, innovative portfolio of data infrastructure semiconductor solutions spanning compute, networking, security and storage.
  2. [2]
    Company Information | Marvell Technology, Inc. (MRVL)
    Marvell first revolutionized the digital storage industry by moving information at speeds never thought possible. Today, Marvell optimized silicon powers AI ...
  3. [3]
    Remembering Sehat Sutardja, Marvell Co-founder
    Sep 18, 2024 · In 1995, Sehat, wife Weili Dai, and Sehat's brother Pantas Sutardja founded Marvell Technology around a kitchen table. They chose the name ...Missing: headquarters | Show results with:headquarters
  4. [4]
    Data Center | Powering the AI era - Marvell Technology
    The Marvell data-center portfolio addresses every product category, from AI accelerators to custom CPUs to high-speed copper and optical interconnects.
  5. [5]
    Company | Data infrastructure technology that keeps the world running
    With the industry's most advanced and comprehensive accelerated infrastructure portfolio of compute, connectivity and storage, Marvell is powering the AI era.Products · Careers · Corporate Offices · Contact Us
  6. [6]
    Marvell Technology: Number of Employees 2012-2025 | MRVL
    Marvell Technology total employee count in 2025 was 7,042, a 7.07% increase from 2024. Marvell Technology total number of employees in 2024 was 6,577, a 11.69% ...
  7. [7]
    Marvell Technology, Inc. Reports Second Quarter of Fiscal Year ...
    Aug 28, 2025 · "Marvell delivered record revenue of $2.006 billion in the second quarter – a 58% year-over-year increase – and we expect continued growth into ...
  8. [8]
    Marvell Technology, Inc. Common Stock (MRVL) - Nasdaq
    Marvell Technology is a leading fabless chipmaker focused on networking and storage applications. Marvell serves the data center, carrier, enterprise, ...Historical Quotes · MRVL Earnings Date · MRVL Option Chain · Dividend History
  9. [9]
    The life and chip works of Marvell co-founder Sehat Sutardja - EDN
    Sep 24, 2024 · So, Marvell used high-speed sampling and DSP filtering to introduce digital read channels that significantly increased disk drive data densities ...
  10. [10]
    Marvell Technologies: the Indonesian who founded a $74B US ...
    Oct 30, 2025 · By the end of 1995, Marvell had what many thought was impossible: a working read channel prototype using CMOS. It was fast, cheap, and ...
  11. [11]
    Stock jump wakes IPO market from slumber - CNET
    Jun 27, 2000 · Marvell Technology Group led the quartet as its shares jumped 322 percent in early trading to $63.31 before slipping to close at $56.63. The ...
  12. [12]
    Marvell Technology Group 10-K dated 02/02/2002 - SEC.gov
    In fiscal 2002, approximately 55% of our net revenue was derived from sales to ... 1% to 20% of eligible earnings. The Company may make discretionary ...
  13. [13]
    Marvell Unleashes High-Performance Preamplifier - EDN
    Nov 13, 2000 · Marvell Semiconductor Inc. of Sunnyvale, Calif., is today expected to announce a high-performance, low-noise preamplifier that will offer ...
  14. [14]
    Marvell Technology Group Ltd. Form 10-K 2/1/03 - SEC.gov
    In fiscal 2002, approximately 55% of our net revenue was derived from sales ... employee compensation of $5.3 million and income taxes payable of $8.1 million.Missing: $1 | Show results with:$1
  15. [15]
    Company - Leadership - Matt Murphy - Marvell Technology
    As Chairman and Chief Executive Officer, Matt Murphy led the transformation of Marvell into becoming a leader in data infrastructure semiconductor solutions.
  16. [16]
    Marvell Technology Names Matthew Murphy as CEO and President
    Jun 20, 2016 · Murphy joins after 22 years at Maxim Integrated Products (MXIM), where he most recently led product development, sales and field applications, ...Missing: background | Show results with:background
  17. [17]
    Marvell Technology Group Ltd. Announces Senior Leadership ...
    CEO Sehat Sutardja and President Weili Dai Depart from Management Positions, Effective Immediately; Board Forms Interim Office of the Chief Executive to Lead ...Missing: ouster date
  18. [18]
    https://www.marvell.com/company/newsroom/marvell-technology-group-ltd-announces-senior-leadership-transition.html
  19. [19]
    Company - Leadership - Board of Directors - Marvell Technology
    Board of Directors ; Sara Andrews · Tudor Brown · Brad Buss. DIRECTOR ; Daniel Durn · Rebecca House · Marachel Knight. DIRECTOR ; Rajiv Ramaswami · Rick Wallace.Missing: structure diversity ESG 2020
  20. [20]
    [PDF] Advancing Technology for a Sustainable Future
    Marvell has been focusing on delivering the enabling technology that powers the world. Our ESG strategy is centered on the three pillars of Environment, Social ...
  21. [21]
    May 3, 2023 - DEF 14A: Definitive proxy statements
    Marvell had an exceptional year in fiscal 2023. Our revenue grew 33% year-over-year, well above the semiconductor industry average during this time period ...
  22. [22]
    Marvell corporate offices around the globe
    Marvell's offices are worldwide. Explore our locations or find a specific office by using our locations finder in the Corporate Offices section.
  23. [23]
    https://www.prnewswire.com/news-releases/marvell-announces-changes-to-its-board-of-directors-302444092.html
  24. [24]
    [PDF] Marvell Sustainability Report Fiscal Year 2024
    In FY24, we actively engaged with customers on sustainability matters, focusing on collaborative efforts to enhance climate action and drive positive impact ...Missing: count | Show results with:count
  25. [25]
    Marvell Technology Full Year 2025 Earnings: EPS Beats Expectations
    Mar 14, 2025 · Key Financial Results. Revenue: US$5.77b (up 4.7% from FY 2024). Net loss: US$885.0m (loss narrowed by 5.2% from FY 2024). US$1.02 loss per ...<|separator|>
  26. [26]
    Marvell Technology Future Growth - Simply Wall St
    Marvell Technology is forecast to grow earnings and revenue by 36.2% and 15.1% per annum respectively. EPS is expected to grow by 37.9% per annum. Return on ...
  27. [27]
    May 1, 2025 - DEF 14A: Definitive proxy statements
    Fiscal 2025 was a transformative year for Marvell. We delivered $5.77 billion in revenue, driven by 88% year-over-year growth in our data center business.
  28. [28]
    Marvell Technology (MRVL) Market Cap & Net Worth - Stock Analysis
    Marvell Technology has a market cap or net worth of $78.38 billion as of November 7, 2025. Its market cap has increased by 10.58% in one year. Market Cap. 78.38 ...
  29. [29]
    Marvell Technology, Inc. (MRVL) - Yahoo Finance
    Marvell Technology (MRVL) faces mixed sentiment as shares recently fell 8% amid fading acquisition interest from SoftBank. Despite a 61.9% surge over the ...
  30. [30]
    Marvell Technology Inc (MRVL) Reports Mixed Fiscal Year 2024 ...
    Mar 7, 2024 · Gross Margin: GAAP gross margin stood at 46.6%, while non-GAAP gross margin was notably higher at 63.9%. Earnings Per Share: GAAP diluted loss ...
  31. [31]
    https://finance.yahoo.com/quote/MRVL/
  32. [32]
    The AI Opportunity at Marvell
    May 14, 2024 · In the Marvell case, fiscal year 2024 (started January 29, 2023, and ended February 3, 2024) AI revenue was $550 million, nearly tripling FY ...
  33. [33]
    Marvell Technology: The Overlooked AI Infrastructure Stock ...
    Oct 14, 2025 · For networking and Ethernet switching solutions, Marvell Technology ranks as the number two behind Broadcom. The company leads in optical ...
  34. [34]
    Meet the Company Challenging Broadcom's AI Chip Dominance (Hint
    Sep 26, 2025 · Even better, Marvell is way cheaper than Broadcom with a forward earnings multiple of just 27 as compared to Broadcom's reading of 37. All this ...
  35. [35]
    World's Most Trustworthy Companies 2025 - Newsweek Rankings
    World's Most Trustworthy Companies 2025 ; 1, Technology Hardware, TSMC ; 2, Technology Hardware, Dell ; 3, Technology Hardware, Honeywell ; 4, Technology Hardware ...
  36. [36]
    Marvell Technologies Inc. Upgraded To 'BBB' From - S&P Global
    Oct 6, 2025 · The stable outlook reflects our expectation that Marvell will increase revenue to well over $9 billion in fiscal 2027 largely due to strong AI ...
  37. [37]
    Meet Marvell - Forbes
    Jul 28, 2006 · 1998 Marvell's disk drive chip shuttles data 20% faster than TI chips then in use. Seagate is first customer. Now has 90% of market for high-end ...
  38. [38]
    Marvell Technology - Wikipedia
    Number of employees. 7,042 (2025). Subsidiaries · Inphi Corporation · Marvell ... "Marvell FY 2025 Annual Report (Form 10-K)". U.S. Securities and Exchange ...Sehat Sutardja · Weili Dai · Inphi Corporation · Cavium
  39. [39]
    [PDF] Marvell Technology, Inc. Annual Report (Form 10-K) for the Fiscal ...
    Mar 27, 2012 · The storage end markets continue to drive approximately 46% of our revenues on an annual basis. As the company developed, we applied our ...
  40. [40]
    Marvell Completes Acquisition of Intel's Communications and ...
    On June 27, 2006, Marvell announced that it agreed to purchase Intel's cellular communications and applications processor business for $600 million plus the ...
  41. [41]
    What the iPhone Will Cost to Make - Bloomberg.com
    Jan 18, 2007 · Marvell will supply the Wi-Fi wireless networking chip, and CSR, the British firm formerly known as Cambridge Silicon Radio, which will supply ...
  42. [42]
    Marvell Technology (MRVL) - Revenue - Companies Market Cap
    Current and historical revenue charts for Marvell Technology. As of November 2025 Marvell Technology's TTM revenue is of $7.23 Billion USD.Missing: employees | Show results with:employees<|control11|><|separator|>
  43. [43]
    Marvell Technology Patents Key Insights & Stats
    Marvell Technology has a total of 16347 patents globally, out of which 8496 have been granted. Of these 16347 patents, more than 62% patents are active.Missing: 2010 | Show results with:2010
  44. [44]
    SEC Charges Marvell Technology Group For Stock Option Backdating
    Marvell and Dai settled the SEC's charges without admitting or denying the allegations and will pay financial penalties of $10 million and ...Missing: scandal timeline
  45. [45]
    Marvell Technology names Matthew Murphy as CEO and president
    Jun 20, 2016 · Chipmaker Marvell Technology Group Ltd said on Monday that Matthew Murphy would be its chief executive and president, effective July 11.
  46. [46]
    NXP to acquire Marvell's WiFi and Bluetooth Connectivity Assets
    May 29, 2019 · NXP will acquire Marvell's WiFi and Bluetooth portfolio for $1.76 billion, including 550 people, and expects to double revenue by 2022.
  47. [47]
    Marvell and TSMC Collaborate to Deliver Industry's Most Advanced ...
    Aug 25, 2020 · Marvell's breakthrough 5nm portfolio will provide the essential high-performance compute, networking and security technology required to advance infrastructure ...
  48. [48]
    Marvell Celebrates 25 Years of Technology Innovation
    Marvell (NASDAQ: MRVL) today unveiled its new brand, celebrating the company's 25-year anniversary and marking a milestone in its transformation.
  49. [49]
    Inside Marvell's Expanding Custom Silicon Opportunity
    Jul 2, 2025 · ... Marvell is actively engaged in 18 custom projects. These include 12 devices for the four major hyperscalers (three XPUs and nine XPU attach ...
  50. [50]
    Marvell Optical DSPs | Powering the Future of AI Infrastructure
    Leading EDGE Award (2025): The Marvell Ara 1.6T PAM4 optical DSP (built using 3nm process technology) was selected as the overall Leading EDGE winner, ...
  51. [51]
    https://www.marvell.com/solutions/data-center/optical-dsp.html
  52. [52]
    Vietnam Becomes Third-largest Marvell Global R&D Hub as ...
    Sep 30, 2025 · Vietnam Becomes Third-largest Marvell Global R&D Hub as Engineering Workforce Surpasses 500 Employees. September 30, 2025. SANTA CLARA, Calif., ...Missing: count | Show results with:count
  53. [53]
    Marvell Grows Presence in Vietnam at Accelerated Rate
    A new Marvell design center facility in Ho Chi Minh City, which is expected to open within the next year, and other Marvell engineering facilities in Vietnam ...
  54. [54]
    [PDF] Marvell OCTEON 10 DPU Platform Product Brief
    This technology combination enables 3x jump in compute performance (SPECint/Core/GHz) and 50% reduction in power over previous generation of OCTEON DPUs.
  55. [55]
    Marvell Extends OCTEON Leadership with Industry's First 5nm DPUs
    Jun 28, 2021 · By combining compute with best-in-class hardware accelerators, Marvell's OCTEON 10 DPU offers a significant TCO advantage and features numerous ...
  56. [56]
    Two New Marvell OCTEON 10 Processors Bring Server-Class ...
    Dec 6, 2023 · OCTEON 10 CN106 was also the industry's first DPU to feature inline AI/ML acceleration, an integrated 1-terabit switch and vector packet ...
  57. [57]
    Marvell Expands Strategic Collaboration with AWS to Enable ...
    Dec 2, 2024 · This agreement covers a broad range of data center semiconductors from Marvell, including the supply of custom AI products, optical digital ...
  58. [58]
    https://www.marvell.com/company/newsroom/marvell-expands-strategic-collaboration-aws-enable-accelerated-infrastructure-ai-cloud.html
  59. [59]
    Right-Sized AI Infrastructure. Marvell XPUs. - Chipstrat
    Oct 7, 2025 · By designing the XPU as custom silicon, AWS can finely tune architecture to match its workloads. For instance, Trainium2 includes 224 MiB of ...
  60. [60]
    Marvell Investor Day Highlights Surge in Custom ASIC Demand
    Jun 20, 2025 · Custom Silicon is More than XPUs. Marvell highlighted both custom XPU and custom XPU-attached silicon. While some of the XPU-attached silicon ...
  61. [61]
    HSMs and Security Processors | Protecting cloud, enterprise and ...
    Marvell® LiquidSecurity cloud-optimized Hardware Secure Module (HSM) Adapters are the industry's first to be certified for FIPS 140-2 and 140-3 level 3*, ...Missing: embedded | Show results with:embedded
  62. [62]
    Marvell Extends CXL Ecosystem Leadership with Structera ...
    Sep 5, 2025 · • Comprehensive security protection with embedded hardware-security module and secure boot via Arm TrustZone® • Hardware floating-point ...
  63. [63]
    [PDF] Marvell - ISG Federal -
    It ensures platform security with Marvell's state-of- the-art Hardware Security Module (HSM), which includes a hardware-based Root of Trust to implement secure ...
  64. [64]
    Marvell to Showcase Interconnect Portfolio for Accelerated ...
    Sep 25, 2025 · Marvell to Showcase Interconnect Portfolio for Accelerated Infrastructure at ECOC 2025. September 25, 2025. Delivering Full-stack Innovation ...
  65. [65]
    ECOC25: Marvell Highlights CPO, 800G COLORZ, and 1.6T PAM4 ...
    Marvell will highlight its interconnect portfolio for AI infrastructure at ECOC 2025 in Copenhagen, showcasing innovations across optics, silicon, and ...
  66. [66]
    Marvell Adds Active Copper Cable Linear Equalizers to Its ...
    Oct 14, 2025 · Marvell Adds Active Copper Cable Linear Equalizers to Its Connectivity Portfolio. October 14, 2025. Marvell ACC Linear Equalizers Enable Longer ...Missing: clusters | Show results with:clusters
  67. [67]
    AI Scale Up Goes for Distance with 9-meter 800G AEC from Infraeo ...
    a 9-meter active ...
  68. [68]
    Data Processing Units (DPU) | Empowering 5G Carrier, Enterprise ...
    Marvell OCTEON devices are design for use in 5G wireless infrastructure and networking equipment including switches, routers, secure gateways, firewall, network ...Accelerating 5g Carrier... · Octeon 10 Family · Octeon Fusion Baseband...
  69. [69]
    Marvell Technology's AI Strategy: Analysis of Dominance in Data ...
    Aug 4, 2025 · Marvell aims to double its data center semiconductor market share from approximately 10% in calendar year 2023 to 20% by 2028, within a ...
  70. [70]
    [PDF] Marvell® Prestera® 98DX73xx Ethernet Switches
    The 98DX73xx devices are small footprint, low-power and intelligent multilayer Ethernet switches, with integrated multi-core CPU, MACsec, high-precision timing ...Missing: 1998 | Show results with:1998
  71. [71]
    [PDF] Marvell® Prestera® 98DX45xx Ethernet Switches Series Product Brief
    Marvell® Prestera® 98DX45xx series are highly-integrated, scalable feature-rich high-capacity stackable 24 and 48 ports intelligent multilayer Ethernet switches ...
  72. [72]
    [PDF] Marvell® Prestera® 98EX56xx Ethernet Switches Series
    The switches integrate high performance 28G and 56G I/O technology, supporting up to 400GbE ports on the larger devices. These high-performance links provide ...
  73. [73]
    [PDF] Marvell Prestera 8500C Series Switches
    The 12.8 Tbps CX8580 includes 256 high-speed 56G PAM4. SerDes enabling 32 400G Ethernet MAC interfaces. The Prestera® 8500C series devices include Storage Aware.
  74. [74]
    Marvell Ethernet Switches For Optimal Network Performance
    Oct 11, 2025 · Marvell Ethernet Switches—OCTEON, Teralynx & Prestera ... 100G/200G/400G/800G, Low Latency: ~500ns-560ns, AI Data Center Core ...
  75. [75]
    Marvell Introduces Industry's First 5nm Multi-Gigabit PHY Platform
    Aug 16, 2023 · Marvell's 5nm multi-gig PHY platform is based around optimized circuit designs, custom digital logic, enhanced DSP algorithms and other innovations.Missing: nodes | Show results with:nodes
  76. [76]
    Marvell Completes Divestiture of Automotive Ethernet Business to ...
    Aug 14, 2025 · The transaction closed eleven days into Marvell's third quarter of fiscal 2026, during which the Automotive Ethernet business contributed mid- ...
  77. [77]
    [PDF] Nova 1.6T PAM4 DSP for Optical Transceiver Applications
    The Marvell Nova PAM4 DSP is a next generation solution for AI/ML, cloud data center and high-performance computing optical transceivers. Nova is a Gearbox ...
  78. [78]
    Marvell Unveils Industry's First 3nm 1.6 Tbps PAM4 Interconnect ...
    Dec 3, 2024 · Marvell Ara, the industry's first 3nm 1.6 Tbps PAM4 interconnect platform featuring 200 Gbps electrical and optical interfaces.
  79. [79]
    PAM4 Optical DSPs | Marvell Technology Inc. - Photonics Spectra
    Jan 5, 2024 · It is optimized for active optical cables and short-reach single-mode interconnects up to 500 m. The Spica Gen2 is an 800 Gbps 5-nm optical DSP ...
  80. [80]
    Marvell Advances Interconnect Portfolio for Scale-up and Scale-out ...
    It will showcase its interconnect portfolio for scale-up and scale-out AI deployments at OFC 2025, taking place March 31–April 3 in San Francisco, CA.
  81. [81]
    https://www.marvell.com/company/newsroom/marvell-advances-interconnect-portfolio-for-scale-up-and-scale-out-fabrics-at-ofc-2025.html
  82. [82]
    Ethernet PHY Transceivers | Broadest Ethernet PHY Portfolio
    Marvell transceivers enable optimized form factors with multiple port and cable options, efficient power consumption and simple plug-and-play functionality.Missing: automotive | Show results with:automotive
  83. [83]
    Marvell Introduces Bravera SSD Controllers to Enable the Highest ...
    May 27, 2021 · As the industry's first SSD controllers to support PCIe 5.0 and NVMe 1.4b, Marvell's Bravera SC5 doubles the performance compared to PCIe 4.0 ...
  84. [84]
    Bravera SC5 SSD Controller Family | MV-SS1331/MV-SS1333
    May 27, 2021 · Marvell's Bravera SC5 controller family, the industry's first SSD controllers to support PCIe 5.0 and NVMe 1.4b, brings unprecedented performance.
  85. [85]
    [PDF] 2023 Proxy Statement - Marvell Investor Relations
    May 3, 2023 · Marvell had an exceptional year in fiscal 2023. Our revenue grew 33% year-over-year, well above the semiconductor industry average during ...
  86. [86]
    [PDF] Marvell Bravera SC5 SSD Controllers
    The Marvell Bravera SC5 SSD controllers enable next- generation solid-state drives for cloud and data center flash storage applications. The products in the ...
  87. [87]
    [PDF] Marvell OCTEON TX2 DPDK - Getting Started White Paper
    Nov 2, 2020 · 2-based. CPU cores which run up to 2.4GHz and offers highly-comprehensive and flexible hardware accelerations for packet and security.
  88. [88]
    [PDF] Securing Fibre Channel with Silicon Root of Trust
    Marvell uses a silicon-based hardware root of trust, embedded keys, and RSA verification to ensure only validated firmware executes, preventing malicious ...Missing: OCTEON processors
  89. [89]
    PCIe Retimers | Delivering high-performance PCIe Gen 6 and CXL ...
    Marvell PCIe Gen 6 and CXL retimers are part of the industry's leading portfolio of PAM4-based interconnect products, offering industry-leading power ...Missing: arrays | Show results with:arrays
  90. [90]
    Marvell Expands Connectivity Portfolio With New PCIe Retimer ...
    May 30, 2024 · New Alaska P PCIe retimer product line scales connections between AI accelerators, GPUs, CPUs and other components inside servers.Missing: arrays | Show results with:arrays
  91. [91]
    Marvell's ARMADA 3700 SoC Delivers ARM 64-bit Highly Optimized ...
    The ARMADA 3700 is a low-power, dual 64-bit ARM processor for storage, routers, and Wi-Fi, with high-speed I/Os and advanced power management.
  92. [92]
    Baidu Deploys Marvell ARM-Based Cloud Server
    Baidu has customized its ARM servers to work with its cloud storage requirements and is using the complete Marvell platform solution of quad core ARM-based ...
  93. [93]
    Marvell Technology (MRVL) Revenue by Segment - Stock Analysis
    Enterprise Networking, Carrier Infrastructure, Consumer, Automotive Industrial ... Nov 2, 2024, 3.56B, 720.00M, 402.40M, 371.30M, 319.00M. Aug 3, 2024, 3.02B ...
  94. [94]
    [PDF] Marvell® Prestera® 98DX25xx Ethernet Switches Series Product Brief
    SecureIQ is integrated and includes secure boot and delivers secured storage network-embedded trustworthiness, essential for protection of the network hardware ...
  95. [95]
    Marvell Develops Industry's First 2nm Custom SRAM for Next ...
    Jun 17, 2025 · Marvell's 2nm SRAM has high bandwidth, up to 6 gigabits, saves 15% die area, reduces power by 66%, and operates at 3.75 GHz.Missing: early | Show results with:early
  96. [96]
    Marvell Announces Breakthrough Custom HBM Compute ...
    Dec 10, 2024 · New Marvell AI accelerator (XPU) architecture enables up to 25% more compute, 33% greater memory while improving power efficiency.Missing: persistence | Show results with:persistence
  97. [97]
    Marvell Shows Dense SRAM Custom HBM and CXL with Arm ...
    Aug 26, 2025 · Marvell showed its massively dense SRAM, its custom HBM solution, and how it is adding Arm cores to CXL memory controllers at Hot Chips ...Missing: persistence | Show results with:persistence
  98. [98]
    Marvell Technology Acquisitions – Insights and Stats
    Marvell made 5 acqusitions in the last 10 years that strengthened their portfolio by adding more than 1200 patent families.Missing: 1990s storage<|separator|>
  99. [99]
    List of 9 Acquisitions by Marvell (Sep 2025) - Tracxn
    Sep 6, 2025 · Recent acquisitions by Marvell ; Tanzanite, May 09, 2022, Undisclosed · Piper Sandler ; Innovium, Aug 03, 2021, $1.1B · Goodwin ; Inphi, Oct 29, 2020 ...
  100. [100]
    Marvell Technology Completes Acquisition of Cavium
    Santa Clara, California (July 6, 2018) – Marvell Technology Group Ltd. (NASDAQ: MRVL) today announced the completion of its acquisition of Cavium, Inc. The ...
  101. [101]
    Marvell to Buy Rival Chipmaker Cavium for About $6 Billion
    Nov 20, 2017 · The buyer will pay $40 in cash plus 2.1757 Marvell common shares for each Cavium share, according to a statement Monday. Marvell plans to use ...
  102. [102]
    Marvell and Cavium to Combine Creating an Infrastructure Solutions ...
    Nov 20, 2017 · Under the terms of the definitive agreement, Marvell will pay Cavium shareholders $40.00 in cash and 2.1757 Marvell common shares for each share ...Missing: dual | Show results with:dual
  103. [103]
    https://www.marvell.com/company/newsroom/marvell-and-cavium-to-combine-creating-an-infrastructure-solutions-powerhouse.html
  104. [104]
    Marvell to buy Inphi in $10 bln chip deal to bolster data center, 5G ...
    Oct 30, 2020 · Chip supplier Marvell Technology Group Ltd on Thursday said it has agreed to buy peer Inphi Corp in a $10 billion cash-and-stock deal aimed ...
  105. [105]
    Company - Newsroom - Marvell Completes Acquisition of Inphi
    Marvell acquired Inphi, creating a U.S. semiconductor company. The combined company is now a Delaware corporation. Dr. Ford Tamer, Inphi's CEO, was appointed ...
  106. [106]
    Marvell to Acquire Inphi - Accelerating Growth and Leadership in ...
    Marvell will acquire Inphi in a cash and stock deal, creating a $40 billion U.S. semiconductor company, with $66 cash and 2.323 shares per Inphi share.
  107. [107]
    [PDF] Marvell acquiring Inphi
    Oct 29, 2020 · Marvell is acquiring Inphi to accelerate growth in cloud and 5G, expand its market, and create a leading data interconnect platform. Inphi is a ...
  108. [108]
    Marvell to Acquire Innovium - Accelerates Cloud Growth with ...
    Aug 3, 2021 · The acquisition price of $1.1 billion is based on Marvell's 10-day VWAP as of July 30, 2021. The acquisition price includes Innovium cash and ...
  109. [109]
    Marvell Completes Acquisition of Innovium
    Oct 5, 2021 · Broadens Marvell's portfolio of silicon solutions targeting cloud data centers SANTA CLARA, Calif., Oct. 5, 2021 /PRNewswire/ -- Marvell…...
  110. [110]
    Marvell Tech to acquire Innovium for $1.1 bln as it courts more cloud ...
    Aug 3, 2021 · Marvell Technology Inc (MRVL.O) on Tuesday said it has agreed to acquire chip startup Innovium in a $1.1 billion all-stock deal.
  111. [111]
    Marvell nabs Innovium for $1.1B as it delves deeper into cloud ...
    Aug 3, 2021 · Marvell announced this morning it has reached an agreement to acquire Innovium for $1.1 billion in an all-stock deal.
  112. [112]
    Marvell to Acquire Avera Semi, Creating an Infrastructure ASIC ...
    This acquisition brings together Avera Semi's leading custom design capabilities with Marvell's advanced technology platform and scale, creating ...Missing: 2021 | Show results with:2021
  113. [113]
    Marvell Completes Acquisition of Avera Semi - PR Newswire
    Nov 5, 2019 · PRNewswire/ -- Marvell (NASDAQ: MRVL) today announced that it has completed its acquisition of Avera Semiconductor, the Application SpecificMissing: 2021 | Show results with:2021
  114. [114]
    Marvell Completes Acquisition of Avera Semi - Marvell Blog
    Nov 5, 2019 · Today marks the close of the acquisition of Avera Semi. Avera brings over two decades of expertise developing custom ASIC solutions for the ...
  115. [115]
    Marvell to acquire Avera Semiconductor for $650 million - DCD
    May 21, 2019 · California-based chipmaker Marvell will acquire Avera Semiconductor, GlobalFoundries' semiconductor chip-design arm, for $650 million in cash.Missing: 2021 | Show results with:2021
  116. [116]
    Marvell to Purchase Intel's Communications and Application ...
    Marvell to Purchase Intel's Communications and Application Processor Business for $600 Million. Santa Clara, California (June 27, 2006) – arvell Technology ...
  117. [117]
    Marvell To Purchase Intel's Communications And Application ...
    They have signed an agreement for Intel to sell its communications and application processor business to Marvell for a purchase price of $600 million.
  118. [118]
    Newsroom - NXP to Acquire Marvell's Wi-Fi Connectivity Business
    NXP will acquire Marvell's Wi-Fi and Bluetooth business for $1.76 billion in cash, including related assets, and is expected to close by Q1 2020.
  119. [119]
    Infineon successfully completes acquisition of Marvell
    Aug 14, 2025 · Infineon successfully completes acquisition of Marvell's Automotive Ethernet business. Business & Financial Press. Aug 14, 2025.
  120. [120]
    Marvell Technology Sells Auto Unit For $2.5 Billion To Go All-In On ...
    Aug 29, 2025 · Marvell sells its auto unit for $2.5B in a major strategic pivot to go all-in on its booming AI and data center business.
  121. [121]
    Marvell Technology (MRVL): Powering the AI Infrastructure Revolution
    Oct 2, 2025 · Marvell's first product was a CMOS-based read channel for disk drives, a groundbreaking device that reduced power consumption and costs ...
  122. [122]
    Custom Compute in the AI Era - Marvell Technology
    Jun 18, 2024 · Marvell is partnering with hyperscale operators to deliver custom compute silicon that's enabling their AI growth trajectories.
  123. [123]
    https://www.benzinga.com/markets/earnings/25/08/47406727/marvell-technology-sells-auto-unit-for-2-5-billion-to-go-all-in-on-data-center-business-amid-ai-boom
  124. [124]
    Marvell Q2 FY 2026 Results: Healthy Data Center Growth - Futurum
    Sep 3, 2025 · (NASDAQ: MRVL) reported its Q2 FY 2026 results with net revenue of $2.01 billion, up 58% year-over-year (YoY), broadly in line with consensus of ...
  125. [125]
    https://www.marvell.com/blogs/custom-compute-in-th-ai-era.html
  126. [126]
    [PDF] b27 9kq - SEC.gov
    As a result of the backdating scheme, Marvell failed to record compensation expenses for those options. From its fiscal yeah 2000 through 2006, Marvell ...Missing: ousted | Show results with:ousted
  127. [127]
    Marvell Technology: Not so Marvellous? - Transparently.AI
    Jul 11, 2023 · According to the SEC order, Marvell pulled in a total of $165 million in revenues across three quarters without disclosing the impact of that ...
  128. [128]
    Marvell Technology Reaches Settlement in Shareholder Class ...
    The settlement provides for a payment by Marvell to the class of $72 million. The agreement was entered into after the end of the first quarter of fiscal 2010, ...Missing: backdating timeline founders ouster
  129. [129]
    Marvell To Pay $10M To End SEC's Backdating Case - Law360
    May 8, 2008 · The complaint alleged that Marvell granted options on earlier dates at below-market prices to employees and concealed the compensation expenses ...
  130. [130]
    Marvell's Options Drama - Light Reading
    Marvell Technology Group Ltd. (Nasdaq: MRVL) filed its restated earnings Monday, revealing a dramatic trail of firings, demotions, and legal intervention.Missing: impact | Show results with:impact
  131. [131]
    Investors Stunned by Marvell Tech Directors
    Apr 9, 2014 · Lead plaintiff Lee Voss claims that the defendants unjustly enriched themselves through fraud, wasted corporate assets and damaged shareholders ...
  132. [132]
    Marvell Technology to pay Carnegie Mellon $750 million over patents
    Feb 17, 2016 · Marvell Technology Group Ltd on Wednesday said it will pay Carnegie Mellon University $750 million to settle a nearly seven-year-old lawsuit.
  133. [133]
    Carnegie Mellon University and Marvell Technology Group Ltd ...
    Feb 17, 2016 · Carnegie Mellon University and Marvell Technology Group Ltd. today announced that they have settled the patent infringement lawsuit the university filed in ...
  134. [134]
    Jury Awards $1.17 Billion in Patent Suit - The New York Times
    Dec 26, 2012 · Carnegie claimed that Marvell had infringed on a pair of patents relating to fundamental technology for increasing the accuracy with which hard ...
  135. [135]
    Carnegie Mellon Univ. v. Marvell Tech. Grp.,Ltd., No. 14-1492 (Fed ...
    Carnegie Mellon University sued Marvell for infringing two patents related to hard-disk drives. A jury found for CMU on infringement and validity, and ...Missing: 2009-2016 | Show results with:2009-2016
  136. [136]
    CARNEGIE MELLON UNIVERSITY v. MARVELL TECHNOLOGY ...
    Aug 4, 2015 · Specifically, the patents teach that (1) different functions may be used for different branches, depending in particular on the measured signal ...
  137. [137]
    Firm Wins Patent Infringement Jury Trial for France Telecom
    The jury rejected the non-infringement and invalidity defenses Marvell put forward and awarded $1.7 million in damages for direct patent infringement by Marvell ...Missing: VLSI | Show results with:VLSI<|control11|><|separator|>
  138. [138]
    DAEDALUS PRIME LLC v. MARVELL TECHNOLOGY, INC.
    Sep 8, 2025 · Patent case filed on September 8, 2025 in the Texas Western District Court.
  139. [139]
    [PDF] Form 10-K for Marvell Technology INC filed 03/12/2025
    Mar 12, 2025 · million of higher employee compensation and related costs and $33.1 million of higher engineering design related costs. The increases were ...