© Marvell Semiconductor
Business | October 06, 2021
Marvell completes its acquisition of Innovium
The provider of infrastructure semiconductor solutions has completed its acquisition of Innovium, Inc.,and thus broaden its portfolio of silicon solutions targeting cloud data centers.
The acquisition of Innovium and its complementary offerings further extends Marvell's position in the cloud, and allows Marvell to immediately participate in the fastest growing segment of the switch market with a cloud-optimised solution.
under the terms of the acquisition, as previously reported, Innovium shareholders received USD 1.1 billion in consideration consisting of about 19.05 million shares of Marvell Common Stock.
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GlobalFoundries to tackle the supply chain with new appointment
Ashlie Wallace will lead GlobalFoundries' global supply chain operations, including logistics, supply planning, sourcing, and procurement. She will step into her new role on November 28, 2022.
Filtronic opens new design centre in Manchester
Filtronic, a designer and manufacturer of RF-to-mmWave components and subsystems, has recently employed several additional engineers to extend the capabilities of both its design team and its process engineering team. Adding to this expansion, the company has also opened a new design centre in Manchester, UK
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Hunan Sanan secures order worth $524 million
Hunan Sanan, a Sanan Optoelectronics subsidiary, has signed a procurement letter of intent (LOI) agreement with an automotive partner. Under the agreement, Hunan Sanan will supply USD 524 million worth of SiC chips to the automaker's new electric vehicle product line in the next few years.
The UK is looking into Broadcom’s acquisition of VMware
The UK’s Competition and Markets Authority (CMA) is looking into whether chipmaker Broadcom’s USD 61 billion acquisition of VMware may substantially lessen competition.
Heilind's SVP Alan Clapp looks back at 2022
2022 has been a year of challenges for most companies, for connector specialist Heilind these challenges proved to be a "blessing in disguise" as they opened up a lot of customer opportunities due to the supply chain issues.
Cambridge GaN Devices secures funds to scale up
The fabless semiconductor company has raised USD 19m in Series B funding. The investment will enable Cambridge GaN Devices (CGD) to begin mass production of its range of GaN transistors for power applications.
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Heterogeneous core technology for multifunctional embedded client systems
Computer-on-Modules with 12th generation Intel Core processors (formerly codenamed Alder Lake) deliver tremendous performance scalability with their 4 to 16 cores and 8 to 24 threads. Their hybrid architecture, with Performance- and Efficient-cores, suits a wide range of applications, from industrial workstations to workload consolidation in IoT-connected machines and systems. To ensure high cybersecurity, the IIoT gateway functions are implemented in real-time capable virtual machines instead of containers. Meanwhile, these new Computer-on-Modules also solve many of the procurement problems OEMs face for their existing products.
EU agree to foot €2.4 billion for satellite internet system
The Council and the European Parliament reached a provisional agreement on a regulation establishing the EU's secure connectivity programme for the period 2023-2027.
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Evertiq Expo: There is an abundance of "Sisu" in the Finnish industry
“Finland lives on its forests”, was a saying that was quite common some time ago. Then came a time when you had to add “..and on Nokia”. But that doesn't really cut it anymore – the country has a strong technology-based economy all together.
Cambridge GaN Devices ink agreement with Neways
Clean-tech semiconductor company, Cambridge GaN Devices (CGD), has signed an agreement with Neways to develop high-efficiency, photovoltaic solar inverter products based on gallium nitride technology.
Memphis Electronics discuss the past and current unpredictable market
Evertiq met up with Marco Mezger, COO of Neumonda and the Global Head of Memphis Electronics, to talk about what's happened since the Management Buyout of Memphis, and also what's on the horizon for the company.
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Evertiq Expo Tampere: 70% of products miss the mark when they come to final testing
Some 70% of companies that come to a test house do not meet the requirements and as a result, lose both time and money. Don’t fail – include the regulatory part in your product planning and development.
Nexperia ordered to divest almost all of Newport Wafer Fab
The UK government has ordered Nexperia to divest 86% of its semiconductor wafer factory in South Wales, known as Newport Wafer Fab (NWF).
Harting and TTI Europe expand their sales partnership
The Harting Technology Group and TTI, Inc. Europe are expanding their authorised sales partnership to the European region.
Sivers Semiconductors enters new emerging radar markets
Sivers Semiconductors' close cooperation with the Canadian start-up aiRadar has resulted in "a line of sophisticated radar products", a press release states.
Micron cuts back on production and Capex
In a response to current market conditions, Micron is reducing DRAM and NAND wafer starts by approximately 20% compared to the fourth quarter of 2022.
South Korea to get ASML's new hub
The Dutch semiconductor production equipment maker ASML will open a new support hub in South Korea.
Berkshire Hathaway buys stake in TSMC
Warren Buffett's Berkshire Hathaway has disclosed a USD 4 billion stake in Taiwan Semiconductor Manufacturing.
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