Marvell prepares to buy aquantia for 452 million

Marvell is one of the leaders today in the semiconductor segment. While Aquantia is one of the most important companies in the Multi-Gig Ethernet sector. Both companies will become one, since the first one already showed its interest in buying Aquantia, something that is going to happen now. The boards of directors of the two companies have already officially approved the operation.

Marvell prepares to buy Aquantia for 452 million

In this way, Aquantia shares are purchased at a price of about $ 13.25 per share. The total acquisition operation is estimated to come at a cost of $ 452 million, as several media have already reported.

New acquisition

This is Marvell's second major acquisition in less than a year. Since last summer the company took over Cavium. So we are seeing a significant expansion on your part in this regard, through these purchases from other companies. Aquantia is a company that stands out for its innovative systems, something that has undoubtedly been of interest for its purchase. In addition to allowing to expand in this way the range of products offered.

It is a project for the future, with which they seek to become the leaders in various market segments. The operation has to be approved by some regulatory bodies, so it will take a few months to be 100% official.

Surely in a few months, Marvell will confirm that this purchase has already been made definitively. We will see what the company's plans are, as well as how Aquantia will integrate. We do not know if the company will remain within the group or if its name will disappear.

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