| Traded as | NASDAQ: MRVL |
|---|---|
| Industry | Semiconductors |
| Founded | 1995 |
| Headquarters | Santa Clara, California, USA |
| Key people | Sehat Sutardja, Co-founder Weili Dai, Co-founder Pantas Sutardja, Co-founder Clyde Hosein, CFO |
| Revenue | $3,611.89 million USD (FY2011) |
| Operating income | $901.19 million USD (FY2011) |
| Net income | $904.27 million USD (FY2011) |
| Employees | 5,893 (2011) |
| Website | www.marvell.com |
Marvell (NASDAQ: MRVL) is an American producer of storage, communications and consumer semiconductor products.
Founded in 1995, Marvell Technology Group Ltd. has operations worldwide and approximately 5,700 employees. Marvell’s U.S. operating subsidiary is based in Santa Clara, California and Marvell has international design centers located in the U.S., Europe, Israel, India, Singapore and China. Marvell has corporate offices in 16 countries besides the US.[1] A leading fabless semiconductor company, Marvell ships over one billion chips a year. Marvell’s expertise in microprocessor architecture and digital signal processing, drives multiple platforms including high volume storage solutions, mobile and wireless, networking, consumer and green products.
Marvell manufactures a wide array of products including high-performance processors, broadband & wireless transceivers, storage controllers, and LED processors.
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On June 27, 2006, the sale of Intel's XScale assets was announced. Intel agreed to sell the XScale business to Marvell for an estimated USD 600 million in cash and the assumption of unspecified liabilities. The acquisition was completed on November 9, 2006.[2]
In October 2006, Marvell was criticized for failing to publicly provide specifications of their hardware in enough detail to support their wireless devices in the One Laptop Per Child program. Marvell was criticised by Richard Stallman of the Free Software Foundation and Theo de Raadt of OpenBSD.[3]
In 2009, Marvell announced that the SheevaPlug, a small, competitive, low-power, SoC-based ARM architecture computer, would be released with full schematics.[4][5][6][7]
Through the years, Marvell has acquired smaller companies to enter new markets.
| Date | Acquired company | Expertise | Cost |
|---|---|---|---|
| October 2000 | Galileo Technology | Ethernet switches, system controllers | $2700M in stock[9] |
| June 2002 | SysKonnect | PC networking [10] | |
| February 2003 | Radlan | Embedded networking software | $49.7M[11] |
| August 2005 | Hard disk controller division of Qlogic | Hard disk & tape drive controllers | $180M in cash + $45M in stock[12] |
| December 2005 | SOC division of UTStarcom | Wireless communications (3G) | $24M in cash[13] |
| February 2006 | Printer ASIC business of Avago | Printer ASICs | $240M in cash[14][15] |
| February 2006 | Xscale product line from Intel | Communications processors and SOCs | $600M in cash [2] |
| January 2008 | PicoMobile Networks | Communication software for IWLAN and IMS[16] | |
| August 2010 | Diseño de Sistemas en Silicio S.A. ("DS2") | Spanish company, PLC communication ICs [17] |
Marvell Mobile Hotspot (MMH) is an in-car Wi-Fi connectivity. The 2010 Audi A8 is the first automobile in the market to feature a factory-installed MMH.[18]
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