Marvell Acquires Xelerated
Xelerated’s synergy with Marvell sets the stage for significant progress in the way service providers build out the Mobile Internet.
Santa Clara, California -- January 4, 2012 – Marvell (Nasdaq: MRVL), a worldwide leader in integrated silicon solutions, today announced it has completed the acquisition of Sweden-based Xelerated, AB, a leading technology innovator in network processing and programmable Ethernet switching solutions for the design of Carrier Ethernet, Unified Fiber Access, Mobile Backhaul and Transport platforms. Xelerated’s AX and HX family of network processor and programmable switches complements Marvell’s existing product portfolio of packet processors, ARM-based SoCs, wireless and low-power physical layer devices widely used in infrastructure, data center and enterprise networking equipment. Terms of the deal were not disclosed.
“Xelerated’s synergy with Marvell sets the stage for significant progress in the way service providers build out the Mobile Internet,” said Paul Valentine, vice president of marketing for Enterprise Business Unit at Marvell Semiconductor, Inc. “The acquisition reflects Marvell’s increasing strategic investments in providing a new generation of advanced network infrastructure solutions designed to enable cloud-based services. Xelerated brings yet another level of performance and capability to Marvell’s technology, enabling customers to quickly scale their services while maintaining the low power, low latency and deterministic performance necessary for the reliable Mobile Internet.”
“Programmable wire speed processing and advanced traffic management are two of Xelerated’s strongest IP assets and are essential for Service Provider deployment of their enterprise and subscriber services,” said Eva Lindqvist, CEO of Xelerated. “Joining the Marvell family is a fantastic opportunity for us to exploit the full potential of our technology and provide more comprehensive end-to-end solutions to our customers.”
Marvell will continue to work with EZChip on NP-4 and NP-5 processors and is committed to the long term relationship with EZChip.
For more information about acquisition, please visit http://investor.marvell.com/.
About Marvell
Marvell (NASDAQ: MRVL) is a world leader in the development of storage, communications and consumer silicon solutions. Marvell's diverse product portfolio includes switching, transceiver, communications controller, wireless and storage solutions that power the entire communications infrastructure, including enterprise, metro, home and storage networking. As used in this release, the term "Marvell" refers to Marvell Technology Group Ltd. and its subsidiaries. For more information, visit www.Marvell.com.
|
Related News
- Marvell Acquires DS2 Technology
- Cadence Acquires Invecas to Accelerate System Realization
- Synopsys Acquires RISC-V Processor Simulation Tools Firm
- ST Engineering Acquires D'Crypt to Strengthen its Cyber Capabilities
- Siemens acquires Insight EDA to expand Calibre integrated circuit reliability verification offering
Breaking News
- PUFsecurity Unveils Next-Gen Crypto Coprocessor PUFcc7 Featuring High-speed Performance and TLS 1.3 Support
- SEMIFIVE Starts Mass Production of its 14nm AI Inference SoC Platform based Product
- VeriSilicon's complete Bluetooth Low Energy IP solution is fully compliant with LE Audio specification
- TASKING and Andes Announce FuSa Compliant Compiler Support for Andes RISC-V ASIL Compliant Automotive IP
- Efabless Launches an "AI Wake Up Call" Open-Source Silicon Design Challenge
Most Popular
- Qualitas Semiconductor and Ambarella Sign Licensing Agreement
- ZeroPoint Technologies Signs Global Customer to Bring Hardware-Accelerated Compression to Hyperscale Data Centers
- Chiplet Interconnect Pioneer Eliyan Closes $60 Million Series B Funding Round, Co-led by Samsung Catalyst Fund and Tiger Global Management to Address Most Pressing Challenge in Development of Generative AI Chips
- Intel and Arm Team Up to Power Startups
- Alphawave Semi and InnoLight Collaborate to Demonstrate Low Latency Linear Pluggable Optics with PCIe 6.0® Subsystem Solution for High-Performance AI Infrastructure at OFC 2024
E-mail This Article | Printer-Friendly Page |