M&A Deal Summary

Marvell Acquires Celestial AI

On December 2, 2025, Marvell acquired semiconductors company Celestial AI for 3.3B USD

Acquisition Highlights
  • This is Marvell’s 14th transaction in the Semiconductors sector.
  • This is Marvell’s 3rd largest (disclosed) transaction.
  • This is Marvell’s 10th transaction in the United States.
  • This is Marvell’s 8th transaction in California.

M&A Deal Summary

Date 2025-12-02
Target Celestial AI
Sector Semiconductors
Buyer(s) Marvell
Deal Type Add-on Acquisition
Deal Value 3.3B USD
Advisor(s) Morgan Stanley (Financial)
Latham & Watkins (Legal)

Target

Celestial AI

Santa Clara, California, United States
Celestial AI develops optical interconnect technology for AI and high-performance computing systems. Celestial AI’s core offering, called Photonic Fabric, uses light rather than electrical signals to enable high-bandwidth, low-latency data movement between processors, memory, and compute nodes. Celestial AI was founded around 2020 and is headquartered in Santa Clara, California.

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Buyer(S) 1

Buyer

Marvell

Wilmington, Delaware, United States

Category Company
Founded 1995
Sector Semiconductors
Employees7,042
Revenue 5.8B USD (2025)
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. 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 was founded in 1995 and is based in Wilmington, Delaware.


DEAL STATS #
Overall 15 of 15
Sector: Semiconductors M&A 14 of 14
Type: Add-on Acquisition M&A Deals 10 of 10
State: California M&A 8 of 8
Country: United States M&A 10 of 10
Year: 2025 M&A 1 of 1
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-07 Marvell - Automotive Ethernet Business

Wilmington, Delaware, United States

Marvell - Automotive Ethernet Business provides automotive ethernet services.

Sell $2.5B