On the Record · Marvell Technology
Marvell Technology acquisitions, on the record
The businesses Marvell Technology 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
| Business | Deal | When | Value |
|---|---|---|---|
AveraWord for word“A portion of the business we acquired in our Avera acquisition in fiscal 2021 requires facility security clearances under the National Industrial Security Program.” 10-K for 2024 | acquisition | fiscal 2021 | — |
InphiWord for word“In addition, we used a significant portion of our cash and incurred substantial indebtedness in connection with the financing of our acquisition of Inphi, which was completed in fiscal 2022.” 10-K for 2024 | acquisition | completed in fiscal 2022 | — |
a private companyWord for word“In fiscal 2023, on December 2, 2022, the Company acquired all the equity interests of a private company for cash and stock.” 10-K for 2024 | acquisition | On December 2, 2022 | — |
business acquisitionsWord for word“Net cash used in investing activities of $328.4 million in fiscal 2023 was primarily driven by the purchases of property and equipment of $206.2 million, net cash consideration for business acquisitions of $112.3 million , and purchases of technology licenses of $11.1 million.” 10-K for 2024 | acquisition | fiscal 2023 | net cash consideration for business acquisitions of $112.3 million |
automotive ethernet businessWord for word“On August 14, 2025, we completed the sale of our automotive ethernet business to Infineon Technologies AG for $2.5 billion in cash.” 10-K for 2026 | divestiture | August 14, 2025 | $2.5 billion in cash |
Celestial AI, Inc.Word for word“Subsequent to our fiscal 2026 year end, on February 2, 2026, we completed the previously announced acquisition of Celestial AI, Inc. (“Celestial”), a provider of a Photonic Fabric TM technology platform purpose-built for next-generation scale-up interconnect.” 10-K for 2026 | acquisition | February 2, 2026 | — |
XConn Technologies Holdings, Ltd.Word for word“Subsequent to our fiscal 2026 year end, on February 10, 2026, we completed the previously announced acquisition of XConn Technologies Holdings, Ltd. (“XConn”), a provider of advanced PCIe and CXL switching silicon, which expands our switching portfolio and augments our Ultra Accelerator Link TM (“UALink TM ”) scale-up switch team.” 10-K for 2026 | acquisition | February 10, 2026 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2020-02-01 | $1.07 billion | — |
| 2021-01-30 | $0 | $0 |
| 2022-01-29 | $3.56 billion | $0 |
| 2023-01-28 | $112.3 million | $0 |
| 2024-02-03 | $0 | $0 |
| 2025-02-01 | $10.4 million | — |
| 2026-01-31 | $0 | — |
Deal filings since 2016
- 2026-10-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-08-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-04-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-04-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-04-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Marvell Technology’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-03-11. 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.