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Marvell Completes Acquisition of Inphi
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SANTA CLARA, Calif., April 20, 2021 /PRNewswire/ Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions today announced the completion of its acquisition of Inphi Corporation. The combination creates a U.S. semiconductor powerhouse positioned for end-to-end technology leadership in data infrastructure.
The combined company, Marvell Technology, Inc. ( Marvell ), is a Delaware corporation domiciled in the United States. I am excited to welcome the Inphi team to Marvell and look forward to realizing the tremendous value creation potential of this combination for our customers, employees and shareholders. Together we will have the portfolio, capabilities, and scale to expand Marvell s leadership in its key growth end markets of 5G, Cloud and Automotive, said Matt Murphy, president and CEO of Marvell. I am also pleased that we are now organiz
Shareholders Approve the Proposed Acquisition of Inphi Corporation; Shareholders Approve Marvell s Reorganization of the Combined Company into Delaware
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SANTA CLARA, Calif., April 15, 2021 /PRNewswire/ Marvell Technology Group Ltd. (NASDAQ: MRVL) ( Marvell ) announced that its shareholders have voted to approve the previously announced proposed acquisition of Inphi Corporation, Inc. (NASDAQ: IPHI) and also Marvell s proposal to reorganize so that the combined company will be domiciled in the United States. In a preliminary count of the voting results from today s meeting of shareholders, more than 99 percent of votes represented in person or by proxy were voted in favor of approving these proposals. At a meeting held today prior to the Marvell shareholder vote, Inphi Corporation shareholders voted to approve the merger with Marvell. Marvell expects the transaction to close on or around April 20, 2021, subject to customary
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A federal judge indicated Tuesday that a fired auditor who filed a whistleblower retaliation suit against PricewaterhouseCoopers failed to cite a specific law or regulation that he believed the company violated.
SAN FRANCISCO (CN) A federal judge will decide if one of the world’s largest accounting firms broke the law when it fired a senior manager for blowing the whistle on the company’s allegedly cozy relationships with Silicon Valley companies it was tasked with independently auditing.
U.S. Magistrate Judge Alex Tse heard closing arguments Tuesday following a nine-day bench trial that ended in early March to determine if PricewaterhouseCoopers (PwC) retaliated against a former employee for filing a Securities and Exchange Commission complaint against the company.