M&A Deal Summary

Marvell Acquires UTStarcom - Semiconductor Design Business

On December 22, 2005, Marvell acquired semiconductors company UTStarcom - Semiconductor Design Business from UTStarcom Holdings for 24M USD

Acquisition Highlights
  • This is Marvell’s 4th transaction in the Semiconductors sector.
  • This is Marvell’s 9th largest (disclosed) transaction.
  • This is Marvell’s 1st transaction in China.

M&A Deal Summary

Date 2005-12-22
Target UTStarcom - Semiconductor Design Business
Sector Semiconductors
Buyer(s) Marvell
Sellers(s) UTStarcom Holdings
Deal Type Divestiture
Deal Value 24M USD

Target

UTStarcom - Semiconductor Design Business

Hong Kong, China
UTStarcom’s semiconductor design business is primarily focused on developing wireless communications solutions including 3G wireless application technologies and silicon solutions for Personal Handyphone System (PHS) products.

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Buyer(S) 1

Buyer

Marvell

Wilmington, Delaware, United States

website


Category Company
Founded 1995
Sector Semiconductors
Employees6,695
Revenue 4.5B USD (2022)
DESCRIPTION
Entrance to Marvell's corporate campus in Santa Clara, California.
Entrance to Marvell's corporate campus in Santa Clara, California.

Marvell is a fabless semiconductor company. It has operations worldwide and more than 7,000 employees. Marvell’s U.S. operating subsidiary is based in Santa Clara, California and Marvell has international design centers located in China, Europe, Hong Kong, India, Israel, Japan, Malaysia, Singapore, Taiwan and the U.S. Marvell has expertise in microprocessor architecture and digital signal processing, and provides solutions for multiple platforms including high volume storage, mobile and wireless, networking, consumer and green products. Marvell Technology was founded in 1995 and is based in Wilmington, Delaware.


DEAL STATS #
Overall 4 of 14
Sector (Semiconductors) 4 of 13
Type (Divestiture) 2 of 5
Country (China) 1 of 1
Year (2005) 2 of 2
Size (of disclosed) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-29 Qlogic - Hard Disk Drive Controller Business

Aliso Viejo, California, United States

Qlogic's hard disk drive controller business consists of the hard disk and tape drive controller semiconductor business of the Company.

Buy $225M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-21 Avago Technologies - Printer Semiconductor Business

United States

Avago’s Printer ASICs business is a supplier of system-on-chip and system level solutions for both inkjet and laser jet printer systems.

Buy $240M

Seller(S) 1

SELLER

UTStarcom Holdings

Hong Kong, China

website


Category Company
Founded 1991
Sector Technology Hardware
Employees560
Revenue 129M USD (2014)
DESCRIPTION

UTStarcom is a global telecom infrastructure provider, focused on delivering carrier-class broadband transport and access (both Wi-Fi and fixed line) products and solutions, optimized for mobile backhaul, metro aggregation, broadband access and Wi-Fi data offloading. The Company was formed in 1991.


DEAL STATS #
Overall 1 of 2
Sector (Semiconductors) 1 of 1
Type (Divestiture) 1 of 1
Country (China) 1 of 2
Year (2005) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-31 RollingStream IPTV Solution

China

UTStarcom's RollingStream is an end-to-end solution designed for telecommunications operators and broadband service providers to deliver broadcast quality TV and on-demand entertainment programming over IP networks. RollingStream is designed to offer service providers the scalability, reliability, and bandwidth efficiency to support new services including broadcast TV, Time-shift TV, Network DVR (n-DVR), Video on Demand (VoD), Near Video on Demand (NVoD), Virtual Channel, and a rich set of business enabling as well as interactive and personalization features over existing network infrastructures.

Sell -