M&A
confidence high
sentiment positive
materiality 0.90
Marvell sells automotive ethernet business to Infineon for $2.5B cash
Marvell Technology, Inc.
- All-cash deal values Marvell's automotive ethernet business at $2.5B; business expected to generate $225-250M revenue in FY 2026.
- Transaction implies a revenue multiple of 10-11x; Marvell says it delivers compelling financial returns for shareholders.
- Deal approved by Marvell board; expected to close within calendar year 2025, subject to regulatory and customary conditions.
- Marvell's data center end market now 75% of consolidated revenue; sale sharpens focus on data infrastructure.
- Marvell plans to discuss transaction on Q1 FY 2026 earnings call scheduled for May 29, 2025.