Chipmaker Marvell Technology to purchase Cavium for $6 billion
Chipmaker Marvell Technology Group Ltd has announced that it would buy smaller rival Cavium Inc for about $6 billion, as it seeks to expand its wireless connectivity business in a rapidly consolidating semiconductor industry. All this has come out after the shares of Marvell were down 0.8 percent to $20.14, while Cavium was up 7 […]
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