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Marvell Completes Divestiture of Automotive Ethernet Business to Infineon for $2.5 Billion in All-Cash Transaction

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Summary

SANTA CLARA, Calif., Aug. 14, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced it has completed the sale of its Automotive Ethernet business to Infineon Technologies AG ("Infineon") for $2.5 billion in...

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Article published on August 14, 2025 by prnewswire