1. Marvell Technology will Buy Rival Chipmaker Cavium for $6 Billion

    Marvell Technology will Buy Rival Chipmaker Cavium for $6 Billion
    • Marvell Technology has agreed to buy rival Cavium for $40 per share in cash and 2.1757 Marvell common shares for each unit of Cavium stock, in a deal worth about $6 billion.
    • Cavium shareholders will own about 25% of the combined company.

    Marvell Technology has agreed to buy Cavium for about $6 billion as it tries to expand beyond semiconductors that control hard disk drives...

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    1. This is an exciting combination of two very complementary companies that together equal more than the sum of their parts.
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