---
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"
generated_at: "2026-05-16T15:46:07.172221+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marvell acquires Celestial AI for up to $5.5B; optical interconnect for AI data centers

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-305289
- JSON: https://secwatch.observer/filing/0001193125-25-305289.json
- Plain text: https://secwatch.observer/filing/0001193125-25-305289.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.