M&A Deal Summary

Synaptics Acquires Marvell Technology Group - Multimedia Solutions Business

On June 12, 2017, Synaptics acquired semiconductors company Marvell Technology Group - Multimedia Solutions Business from Marvell for 95M USD

Acquisition Highlights
  • This is Synaptics’ 3rd transaction in the Semiconductors sector.
  • This is Synaptics’ 3rd largest (disclosed) transaction.
  • This is Synaptics’ 1st transaction in Bermuda.

M&A Deal Summary

Date 2017-06-12
Target Marvell Technology Group - Multimedia Solutions Business
Sector Semiconductors
Buyer(s) Synaptics
Sellers(s) Marvell
Deal Type Divestiture
Deal Value 95M USD

Target

Marvell Technology Group - Multimedia Solutions Business

Hamilton, Bermuda
Marvell Technology Group Ltd. - Multimedia Solutions Business is a provider of semiconductor services in Hamilton, Bermuda.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Synaptics

San Jose, California, United States

Category Company
Founded 1986
Sector Software
Employees1,716
Revenue 959M USD (2024)
DESCRIPTION
Synaptics' corporate headquarters in San Jose, California.
Synaptics' corporate headquarters in San Jose, California.

Synaptics is a developer of human interface solutions which enhance the user experience. Synaptics provides the broadest solutions portfolio in the industry. Synaptics was founded in 1986 and is based in San Jose, California.


DEAL STATS #
Overall 5 of 9
Sector: Semiconductors M&A 3 of 5
Type: Divestiture M&A Deals 1 of 3
Country: Bermuda M&A 1 of 1
Year: 2017 M&A 2 of 2
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-12 Conexant Systems

Newport Beach, California, United States

Conexant Systems, Inc. is a provider of semiconductor devices for imaging (fax machines and printers) and embedded modem (point-of-sale terminals and set-top-boxes) applications. Conexant’s innovative new product portfolio also includes high-fidelity audio and video surveillance end-markets which leverage its core expertise in analog and mixed-signal design and firmware development. The company is headquartered in Newport Beach, California.

Buy $300M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-07 Broadcom - Certain Assets and Manufacturing Rights Wireless IoT Connectivity Business

Singapore, Singapore

Broadcom Ltd. - Certain Assets and Manufacturing Rights Wireless IoT Connectivity Business enables existing Wi-Fi, Bluetooth, and GPS/GNSS products and business in the IoT market as well as future roadmap devices designed in advanced process nodes.

Buy $250M

Seller(S) 1

SELLER

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 2 of 3
Sector: Semiconductors M&A 2 of 2
Type: Divestiture M&A Deals 2 of 3
Country: Bermuda M&A 1 of 1
Year: 2017 M&A 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-23 Annapurna Labs

Yokneam, Israel

Annapurna Labs Ltd. is a manufactur of chip circuits in Israeli.

Sell $350M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-20 Cavium

San Jose, California, United States

Cavium, Inc. is a provider of highly integrated semiconductor products that enable intelligent processing in enterprise, data center, cloud and wired & wireless service provider applications. Cavium offers a broad portfolio of integrated, software compatible processors ranging in performance from 100 Mbps to over 100 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband/consumer and access & service provider equipment.

Buy $6.0B