Marvell to buy Inphi
lanka
2020-10-30 14:04:22
Marvell to buy Inphi
Marvell is buying Inphi for around $10 billion, reports Dow Jones.
Marvell will pay 60% of the price in stock.
The deal could be announced today.
Inphi is expected to see revenue growth of around 90% this year.
The deal will make 2020 a record for M&A with Nvidia-Arm at $40 billion, AMD-Xilinx at $35 billion, and ADI-Maxim at $20.9 billion.