Marvell Completes Acquisition of XConn Technologies
Marvell Technology, Inc. (MRVL)
Last marvell technology, inc. earnings: 3/4 04:05 pm
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Source: Business Wire
SANTA CLARA, Calif.--(BUSINESS WIRE)--Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that it has completed its previously announced acquisition of XConn Technologies (“XConn”), a provider of advanced PCIe and CXL switching silicon.The acquisition expands Marvell’s switching portfolio with XConn’s PCIe and CXL products and strengthens Marvell’s capabilities in scale-up connectivity for next-generation AI and cloud data center architectures.XConn’s engineering team and technology will play a key role in advancing Marvell’s UALink scale-up switching roadmap as AI systems evolve toward larger, multi-rack deployments.Expected Financial ImpactMarvell expects initial revenue contributions from XConn to begin in the third quarter of fiscal 2027, ramping to a $50 million annualized run rate in the fourth quarter of fiscal 2027. In fiscal 2028, Marvell expects XConn to contribute $100 million in revenue.The acquisition is ex
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MRVL
Earnings
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Sec Filings
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- 2/6/26 - Form 424B7
- 2/6/26 - Form 8-K
- MRVL's page on the SEC website