|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||21.94 - 23.41|
|52-week range||13.59 - 23.41|
|PE ratio (TTM)||45.12|
|Earnings date||28 Nov 2017|
|Forward dividend & yield||0.24 (1.30%)|
|1y target est||24.14|
Marvell Technology Group is buying smaller rival Cavium in a $6 billion deal to expand its wireless connectivity business in a fast consolidating semiconductor industry. Fred Katayama reports.
Marvell Tech, Cavium, Alibaba, Verizon and Urban Outfitters are among the stocks to watch.
Jim Cramer sat down with Marvell Technology Group President and CEO Matt Murphy to speak about Marvell's $6 billion acquisition of Cavium.
Starboard Value has taken a 10.7% stake in Mellanox Technologies, urging the company to improve its margins and stock and explore a potential sale, a thesis in part helped by deal talks at Marvell Technology, ...
Marvell Technology plans to buy chip maker Cavium in a $6 billion cash-and-stock deal that would set it up to better compete with semiconductor giants such as Intel and Broadcom.
NEW ORLEANS , Nov. 20, 2017 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale ...
Chipmaker Marvell Technology Group announced plans to buy Cavium in a deal worth $6 billion, creating an infrastructure solutions powerhouse.
No one unifying catalyst appears to be behind this month's merger chatter. But companies are sitting on record amounts of cash.
The Street is starting to roll out its perspectives on the $6 billion agreement between Marvell Technology Group (MRVL) and Cavium (CAVM) for the former to buy the latter, announced this morning. Cavium stock has continued is now up $7.12, or 9%, at $82.95, just below the $84 effective price of the bid, which includes $40 per share in cash and 2.1757 shares of Marvell stock. Marvell shares are One analyst, Anil Doradla of William Blair, thinks that "the transaction makes strategic sense given the complementary nature of both companies’ portfolios (Marvell has strength in storage solutions, while Cavium is a leader in compute and networking solutions)." This company can be a “formidable force,” he argues: We believe Cavium’s deep product portfolio combined with Marvell’s strong channel presence will be a formidable force in the semiconductor industry.