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Marvell Technology Group Ltd Reports Q2 Non-Gaap Earnings Per Share $0.16
Soros Fund Management Takes Stake in Symantec and eBay, Dissolves in Marvell Technology
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Marvell Technology Group Ltd. is a semiconductor provider of application-specific standard products. The Company is engaged in the design, development and sale of integrated circuits. The Company develops System-on-a-Chip (SoC) devices. It also develops integrated hardware platforms along with software that incorporates digital computing technologies designed and configured to provide an optimized computing solution. Its product portfolio includes devices for storage, networking and connectivity. In storage, it is engaged in data storage controller solutions spanning consumer, mobile, desktop and enterprise markets. Its storage solutions enable customers to engineer products for hard disk drives and solid state drives. Its networking products address end markets in cloud, enterprise, small and medium business and service provider networks. The Company's connectivity products address end markets in consumer, enterprise, desktop, service provider networks and automotive.
Canon's Court, 22 Victoria Street
Richard S. Hill
Independent Chairman of the Board, Interim Principal Executive Officer
Matthew J. Murphy
President, Chief Executive Officer, Director
Jean X. Hu
Chief Financial Officer
Andrew Joseph Micallef
Chief Operating Officer, Executive Vice President
Thomas F. Lagatta
Executive Vice President - Worldwide Sales and Marketing
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The U.S. Securities and Exchange Commission said on Monday that Marvell Technology Group Ltd <MRVL.O> will pay $5.5 million to settle charges it misled investors when it orchestrated a scheme to "pull in" sales scheduled for future quarters to the current quarter.
Marvell Technology Group Ltd forecast third-quarter revenue below Wall Street estimates on Thursday, as a ban on selling components to Chinese telecommunications giant Huawei Technologies Co Ltd [HWT.UL], hurt the U.S. chipmaker.
Marvell Technology Group forecast third-quarter revenue below Wall Street estimates, as a ban on selling components to Chinese telecommunications giant Huawei Technologies hurt the U.S. chipmaker.
Dutch chipmaker NXP Semiconductors NV said on Wednesday it will buy Marvell Technology Group Ltd's wireless connectivity business for $1.76 billion in cash to offer its customers a bigger product portfolio.
Chipmaker NXP Semiconductors NV said on Wednesday it will buy Marvell Technology Group Ltd's wireless connectivity portfolio for $1.76 billion in cash.
Marvell Technology Group Ltd on Thursday forecast a 10 percent drop in first-quarter networking revenue from the prior three-month period, citing cautious outlook from China-based customers.
* MARVELL TECHNOLOGY GROUP LTD SAYS CEO MATTHEW J. MURPHY'S 2018 TOTAL COMPENSATION WAS $6.2 MILLION VERSUS $14.5 MILLION IN FY 2017 - SEC FILING Source text: (https://bit.ly/2Ir21Es) Further company coverage:
* CAVIUM INC - COLLABORATING WITH MICROSEMI CORPORATION, MARVELL TO DEMONSTRATE REFERENCE ARCHITECTURE FOR ACCELERATING, SCALING OUT NVME OVER FABRICS Source text for Eikon: Further company coverage:
* MARVELL SHAREHOLDERS APPROVE ISSUANCE OF COMMON SHARES IN CONNECTION WITH PROPOSED ACQUISITION OF CAVIUM, INC.
* REPORTS FOURTH QUARTER AND FISCAL YEAR 2018 FINANCIAL RESULTS
* MARVELL ANNOUNCES EXPIRATION OF HART-SCOTT-RODINO WAITING PERIOD
* RAMBUS INC - SPECIFIC TERMS OF AGREEMENT ARE CONFIDENTIAL
* MARVELL TECHNOLOGY GROUP SAYS ON DEC 19, PLAINTIFF, DEFENDANTS ENTERED INTO WRITTEN SETTLEMENT AGREEMENT FOR PAYMENT BY CO OF $72.5 MILLION - SEC FILING Source text: (http://bit.ly/2peM9vP) Further company coverage:
Chipmaker Marvell Technology Group Ltd <MRVL.O> delivered higher-than-expected earnings and revenue for the third quarter and forecast strong results in the current quarter, boosted by robust demand for its networking and connectivity chips.
* REPORTS THIRD QUARTER OF FISCAL YEAR 2018 FINANCIAL RESULTS
Chipmaker Marvell Technology Group Ltd's revenue fell 1.2 percent in the third quarter, as it sold fewer chips used in hard disk drives.
* Marvell Technology says merger agreement provides for termination fee of $180 million under certain conditions - SEC filing Source text: (http://bit.ly/2AZ0oG6) Further company coverage:
Chipmaker Marvell Technology Group Ltd <MRVL.O> said on Monday it would buy smaller rival Cavium Inc <CAVM.O> for about $6 billion, as it seeks to expand its wireless connectivity business in a rapidly consolidating semiconductor industry.
The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Monday:
* Marvell and Cavium to combine creating an infrastructure solutions powerhouse
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