Marvell Technology Group Ltd. (NASDAQ: MRVL) (“Marvell”), a leading provider of data infrastructure semiconductor solutions, today announced that the State Administration for Market Regulation of the People’s Republic of China has approved the company’s previously announced proposed acquisition of Inphi Corporation (“Inphi”).
The transaction is currently expected to close in April 2021, pending approval by Inphi’s and our stockholders, as well as satisfaction of customary closing conditions.
About Marvell
To deliver the data infrastructure technology that connects the world, we’re building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world’s leading technology companies for 25 years, we move, store, process and secure the world’s data with semiconductor solutions designed for our customers’ current needs and future ambitions.
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Through a process of deep collaboration and transparency, we’re ultimately changing the way tomorrow’s enterprise, cloud, automotive, and carrier architectures transform—for the better.
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