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Marvell Technology Group Ltd. engages in the design, development, and sale of integrated circuits. The company offers System-on-a-Chip devices, which leverages technology portfolio of intellectual property in the areas of analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. Read More It also develops integrated hardware platforms along with software that incorporates digital computing technologies designed and configured to provide an optimized computing solution. The company was founded by Sehat Sutardja, Weili Dai, and Pantas Sutardja in January 1995 and is headquartered in Hamilton, Bermuda.
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Yahoo FinanceMay 22
Marvell Technology Gains As Market Dips: What You Should Know
Marvell Technology (MRVL) closed the most recent trading day at $22.60, moving +0.89% from the previous trading session. This change outpaced the S&P 500's 0.28% loss on the day. At the same time, the Dow lost 0.39%, and the tech-heavy Nasdaq lost 0.45%. Coming into today, shares of the chipmaker had lost 10.83% in the past month. In that same time, the Computer and Technology sector lost 3.84%, while the S&P 500 lost 1.21%. Investors will be hoping for strength from MRVL as it approaches its next earning...
Marvell to buy Avera IC business from Global Foundries for $650 million
Marvell Technology Group Ltd. MRVL, +0.89% said late Monday that it plans to buy Avera Semiconductor from Santa Clara, Calif.-based Global Foundries for $650 million in cash. Avera is the application-specific integrated circuit business of Global Foundries. "With their highly experienced design team and Marvell's leading technology platform, we will be better positioned to capitalize on our expanding opportunity in wired and wireless infrastructure, starting immediately in the fast growing 5G base station m...
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