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U.S. semiconductor giant Marvell said on Thursday it was buying rival Inphi in a cash and stock deal valued at $ 10 billion, the industry's second major merger moving to cloud computing and without. 5G wire
Marvell Technology Group has agreed to buy Inphi Corp for roughly $ 10 billion in cash and shares, making it the second mega-deal this week
Marvell Technology Group Ltd is nearing a deal to acquire Inphi Corp for around $ 10 billion, according to a person familiar with the matter, adding to an already record-breaking year for chip industry transactions. 'acquisition in stock, the rest in cash, said the person An announcement could come as early as Thursday, said the person, who asked not to be identified because the information is private