Marvell Technology (MRVL) Secures Chinese Regulatory Approval for Cavium (CAVM) Acquisition
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Marvell Technology Group Ltd. Announces Receipt of Chinese Regulatory Approval for Cavium Acquisition
June 28, 2018 5:30 AM EDTSANTA CLARA, Calif., June 28, 2018 /PRNewswire/ --Â Marvell (NASDAQ: MRVL), a leader in storage, networking, and connectivity semiconductor solutions, today announced that China's State Administration for Market Regulation has approved the company's previously announced merger transaction with Cavium, Inc. The merger remains subject to customary closing conditions and Marvell currently expects the merger to close in July 2018.
About Marvell
Marvell first revolutionized the digital storage industry by moving information at speeds never thought possible. Today, that same breakthrough innovation remains at the heart of the company's storage, networking, and connectivity solutions. With... More
