Justin Scarpulla
The Company has appointed Mr. Justin Scarpulla as the Company's Senior Vice President, Chief Accounting Officer effective July 21, 2025.
Highest-materiality recent filing
Marvell issues $1B of 5.300% Senior Notes due 2036; net proceeds ~$993.5M to repay 2026 notes
$1,000,000,000 aggregate principal of 5.300% Senior Notes due April 15, 2036, issued April 15, 2026.
Marvell partners with NVIDIA via NVLink Fusion; NVIDIA invests $2B in Marvell preferred stock
NVIDIA invested $2B for 2M shares of Marvell Series A Convertible Preferred Stock, convertible into ~21.8M common shares at ~$91.84/share.
Marvell files prospectus supplement; no offering terms disclosed
Filed a prospectus supplement to existing shelf registration for potential securities issuance.
Marvell Technology declares $0.06 quarterly dividend, payable April 30, 2026
Quarterly dividend of $0.06 per share declared, unchanged from prior quarter.
Marvell Q4 FY2026 revenue record $2.219B, up 22% YoY; GAAP EPS $0.46, non-GAAP $0.80
Q4 net revenue $2.219B, $19M above guidance midpoint; cash flow from operations $373.7M.
Marvell files prospectus supplement to shelf registration; no offering terms disclosed
Filed prospectus supplement to automatic shelf registration (Form S-3, Reg. No. 333-285742) on Feb 18, 2026.
Marvell files prospectus supplement to existing shelf registration statement
Marvell filed a prospectus supplement to its automatic shelf (S-3) on Feb 6, 2026.
Closed acquisition of Celestial AI on Feb 2, 2026; issued 24,601,976 unregistered shares.
Marvell declares $0.06 quarterly dividend payable Jan 29, 2026
Quarterly dividend of $0.06 per share declared by Board on December 12, 2025.
Marvell to acquire Celestial AI; issues Amazon warrant for up to 1.05M shares at $87.003
Definitive agreement to acquire Celestial AI Inc., subject to customary closing conditions.
Marvell acquires Celestial AI for up to $5.5B; optical interconnect for AI data centers
Upfront consideration: $1.0B cash + ~27.2M MRVL shares (~$2.25B). Earnout up to ~27.2M shares (~$2.25B) on revenue milestones.
Marvell Q3 record rev $2.075B (+37% YoY); guides Q4 rev ~$2.2B; acquires Celestial AI
Q3 GAAP net income $1.901B ($2.20 diluted EPS) includes $1.8B gain from sale of automotive ethernet to Infineon for $2.5B.
Marvell executives purchase over $2M in common stock on open market
CEO Matt Murphy purchased 13,600 shares at $77.09 per share.
Marvell adds $5B to buyback, launches $1B accelerated share repurchase
Board authorized $5B addition to existing stock repurchase program.
Marvell declares $0.06 quarterly dividend, payable Oct 30, 2025
Quarterly dividend of $0.06 per share declared, unchanged from prior quarter.
Marvell Q2 revenue record $2.006B, up 58% YoY; Q3 guidance above Q2 midpoint
Q2 GAAP diluted EPS $0.22; non-GAAP $0.67; cash from ops $461.6M.
Marvell completes $2.5B sale of automotive Ethernet business to Infineon
Completed sale of automotive Ethernet business to Infineon for $2.5 billion in all-cash transaction.
Marvell appoints Nutanix CEO Rajiv Ramaswami to its Board of Directors
Rajiv Ramaswami, President & CEO of Nutanix, appointed to Marvell Board effective July 22, 2025.
Marvell promotes Koopmans to President/COO, Bharathi to President of Data Center Group
Chris Koopmans expands scope to Worldwide Sales, Corp Dev, and Strategy while leading global business operations.
Marvell prices $1B senior notes offering, upsizes revolver to $1.5B
Issued $500M 4.750% notes due 2030 and $500M 5.450% notes due 2035; net proceeds ~$992.3M.
Marvell appoints Justin Scarpulla as CAO effective July 21, 2025; Pani Dixon departs June 27
Scarpulla named SVP, Chief Accounting Officer; base salary $400,000, target bonus 53%, RSU grant of $950,000.
Marvell declares $0.06/share dividend, pay July 31; independent chairman proposal fails
Quarterly dividend of $0.06 per share, payable July 31, 2025 to holders of record July 11, 2025.
Marvell Q1 FY2026 revenue record $1.895B, up 63% YoY; Q2 guidance above consensus
Q1 GAAP diluted EPS $0.20, non-GAAP $0.62; revenue beat midpoint guidance by $20M.
The Company has appointed Mr. Justin Scarpulla as the Company's Senior Vice President, Chief Accounting Officer effective July 21, 2025.
Pani Dixon, Senior Vice President and Chief Accounting Officer of the Company will be departing the Company on June 27, 2025 per her notice to the Company on June 13, 2025, to pursue a new professional opportunity.
Max materiality 0.85 · Median 0.60 · Most common event dividend