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On the Record · Marvell Technology Group

Marvell Technology Group acquisitions, on the record

The businesses Marvell Technology Group bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Cavium
Word for word“On July 6, 2018, the Company completed the acquisition of Cavium (the “Cavium acquisition”).” 10-K for 2019
acquisitionOn July 6, 2018—
Multimedia, LTE thin-modem, and Broadband businesses
Word for word“During the year ended February 3, 2018, we received cash proceeds of $165.9 million and recognized a gain on sale of $88.4 million from the sale of our Multimedia, LTE thin-modem, and Broadband businesses.” 10-K for 2019
divestitureDuring the year ended February 3, 2018$165.9 million
Aquantia Corp.
Word for word“On September 19, 2019, we completed the acquisition of Aquantia Corp. (“Aquantia”).” 10-K for 2020
acquisitionSeptember 19, 2019—
Avera Semiconductor (ASIC business of GlobalFoundries)
Word for word“On November 5, 2019, we acquired Avera Semiconductor (“Avera”), the Application Specific Integrated Circuit (“ASIC”) business of GlobalFoundries for $593.5 million in cash.” 10-K for 2020
acquisitionNovember 5, 2019$593.5 million in cash
Wi-Fi Connectivity business
Word for word“On December 6, 2019, we completed the sale of our Wi-Fi Connectivity business to NXP USA, Inc, a subsidiary of NXP Semiconductors, N.V. (“NXP”).” 10-K for 2020
divestitureDecember 6, 2019—
Inphi Corporation
Word for word“On October 29, 2020, we entered into a merger agreement (the “Merger Agreement”) with Inphi Corporation (“Inphi”), whereby we will pay Inphi's stockholders $66 per share in cash and 2.323 common shares for each Inphi share, which represented purchase consideration of approximately $10 billion as of that date.” 10-K for 2021
agreed acquisitionOn October 29, 2020approximately $10 billion
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2017-01-28$0$0$0
2018-02-03$0$2.4 million$0
2019-02-02$2.65 billion—$0
2020-02-01$1.07 billion—$0
2021-01-30$0—$0

Deal filings since 2016

Read from Marvell Technology Group’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2021-03-16. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.