Marvell Technology (MRVL) Announces Acquisition of Tanzanite
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Marvell Bolsters Cloud-Optimized CXL Portfolio with Acquisition of Tanzanite
May 9, 2022 9:01 AM EDTÂ Integrates into Marvell's Unique, End-to-End CXL Platform for Cloud Data Centers
SANTA CLARA, Calif., May 9, 2022 /PRNewswire/ --Â Marvell (NASDAQ: MRVL) today announced a definitive agreement to acquire privately-held Tanzanite Silicon Solutions, Inc., a leading developer of advanced Compute Express Link (CXL) technologies, in an all-cash transaction. Marvell's on-going data center-focused investments, including in its CXL solutions, have expanded the company's addressable market to advance the industry's most comprehensive portfolio of cloud-optimized silicon solutions. With today's announced acquisition, Marvell strengthens its... More
