{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-305289","form_type":"8-K","ticker":"MRVL","cik":"0001835632","company_name":"Marvell Technology, Inc.","filed_at":"2025-12-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.716571+00:00","generated_at":"2026-05-16T15:46:07.172221+00:00","sec_items":["3.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Marvell acquires Celestial AI for up to $5.5B; optical interconnect for AI data centers","bullets":["Upfront consideration: $1.0B cash + ~27.2M MRVL shares (~$2.25B). Earnout up to ~27.2M shares (~$2.25B) on revenue milestones.","Celestial AI's Photonic Fabric chiplet delivers 16 Tbps bandwidth, 10x current scale-out ports, targeting optical scale-up interconnects.","Revenue expected to begin H2 FY2028; $500M annualized run rate by Q4 FY2028, $1B by Q4 FY2029.","First milestone: $500M cumulative revenue by end FY2029 for 1/3 earnout; full earnout if >$2B cumulative revenue.","Transaction approved by Marvell board; expected to close in Q1 2026, subject to regulatory approvals."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-305289","json":"https://secwatch.observer/filing/0001193125-25-305289.json","markdown":"https://secwatch.observer/filing/0001193125-25-305289.md","text":"https://secwatch.observer/filing/0001193125-25-305289.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1835632/000119312525305289/0001193125-25-305289-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1835632/000119312525305289/d34367d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T15:46:07.172221+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}