M&A Deal Summary

Marvell Acquires Intel - Communications and Application Processor Business

On June 27, 2006, Marvell acquired semiconductors company Intel - Communications and Application Processor Business from Intel for 600M USD

Acquisition Highlights
  • This is Marvell’s 6th transaction in the Semiconductors sector.
  • This is Marvell’s 5th largest (disclosed) transaction.
  • This is Marvell’s 3rd transaction in the United States.
  • This is Marvell’s 2nd transaction in California.

M&A Deal Summary
Date 2006-06-27
Target Intel - Communications and Application Processor Business
Sector Semiconductors
Buyer(s) Marvell
Sellers(s) Intel
Deal Type Divestiture
Deal Value 600M USD

Target

Intel - Communications and Application Processor Business

Santa Clara, California, United States
Intel’s communications and application processor business develops and sells processors for handheld devices including smart phones and personal digital assistants.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Marvell

Wilmington, Delaware, United States
Category Company
Founded 1995
Sector Semiconductors
Employees6,511
Revenue 5.5B USD (2024)
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 6 of 14
Sector (Semiconductors) 6 of 13
Type (Divestiture) 4 of 5
State (California) 2 of 7
Country (United States) 3 of 9
Year (2006) 2 of 2
Size (of disclosed) 5 of 9
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-19 Diseno de Sistemas en Silicio S.A.

Paterna, Spain

Diseno de Sistemas en Silicio S.A. is a supplier of high speed semiconductor solutions for powerline communications.

Buy -

Seller(S) 1

SELLER

Intel

Santa Clara, California, United States
Category Company
Founded 1968
Sector Semiconductors
Employees130,700
Revenue 54.2B USD (2023)
DESCRIPTION
Entrance to Intel's corporate headquarters in Santa Clara, California.
Entrance to Intel's corporate headquarters in Santa Clara, California.

Intel is a multinational semiconductor chip maker. The Company's products are incorporated into desktop computers, wearables, servers, tablets, smartphones, and other devices. Intel was formed in 1968 and is based in Santa Clara, California.

DEAL STATS #
Overall 2 of 14
Sector (Semiconductors) 1 of 3
Type (Divestiture) 2 of 12
State (California) 1 of 9
Country (United States) 2 of 11
Year (2006) 1 of 1
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-08 Conformative Systems

Austin, Texas, United States

Conformative Systems Inc. provider of hardware-based XML acceleration technologies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-14 Telekinesys Research

Dublin, Ireland

Havok is a provider of interactive software solutions for the games, entertainment and simulation industries.

Buy $110M
Mergr

Product

Company

Legal