Yesterday Marvell announced its intent to join forces with Inphi, a leader in high-speed data movement. A premier company in the semiconductor industry, and one of the highest regarded companies in our space, Inphi’s highly complementary portfolio accelerates growth and leadership in cloud and 5G. The combination of the two companies is expected to create a U.S. semiconductor powerhouse with an enterprise value of approximately $40 billion.
Combined with explosive Internet traffic growth and the rollout of new ultra-fast 5G wireless networks, the importance of Inphi’s high-speed data interconnect solutions will only accelerate. The merged company will be uniquely positioned to serve the data-driven world, addressing high growth, attractive end markets – cloud data center and 5G.
President and CEO of Marvell, Matt Murphy had the opportunity to discuss the deal with CNBC’s Squawk Alley team after the news broke yesterday morning. Catch a replay of that video broadcast here to learn more.
Press Release: (Click Here)
Analyst commentary from Patrick Moorhead of Moor Insights & Strategy and Daniel Newman of Futurum Research: (Click Here)