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San Jose CA, October 26, 2015 – OmniPhy, the leading supplier of Ethernet PHY intellectual property (IP) for the consumer, automotive, and industrial markets today announced the availability of a ...
Marvell Technology has agreed to sell its Automotive Ethernet business to Infineon Technologies in a deal worth $2.5 billion. Marvell sell Automotive Ethernet business to Infineon for $2.5bn Credit: ...
Germany's Infineon Technologies (OTCQX:IFNNY) agreed to purchase Marvell Technology's automotive ethernet business for about $2.5 billion in cash. Marvell rose 3% in after-hours trading.
To fund the acquisition, Infineon plans to use existing liquidity and incur additional debt, with financing secured from banks. Credit: IM Imagery/Shutterstock. Germany-based chipmaker Infineon ...
The German semiconductor manufacturer Infineon is expected to take over the automotive Ethernet division of the US manufacturer Marvell. This includes Ethernet controllers for transfer rates of up ...
Marvell is to sell its Automotive Ethernet division to Infineon for $2.5 billion in cash. The division expects sales of $225-$250 million this year at a 60% gross margin. The acquisition includes ...
Infineon Technologies is enhancing its position in the automotive semiconductor market with the acquisition of Marvell Technology’s Automotive Ethernet business for $2.5 billion in cash.