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Marvell to purchase Inphi, a networking chip firm, for $10B

1 pointsby docPanglossover 4 years ago

1 comment

docPanglossover 4 years ago
Another massive M&amp;A deal in the chip sector!<p>We are witnessing an 𝘰𝘭𝘪𝘨𝘰𝘱𝘰𝘭𝘪𝘻𝘢𝘵𝘪𝘰𝘯 of an industry in real-time, people.<p>• 𝗠𝗮𝗿𝘃𝗲𝗹𝗹 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 (𝗡𝗮𝘀𝗱𝗮𝗾: 𝗠𝗥𝗩𝗟) confirmed yesterday its intent to acquire semiconductor manufacturer 𝗜𝗻𝗽𝗵𝗶 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗶𝗼𝗻 (𝗡𝗮𝘀𝗱𝗮𝗾: 𝗜𝗣𝗛𝗜) for $10 billion.<p>As a combined entity, the two companies will have an enterprise value of nearly $40 billion.