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New Deal


Announced

Marvell Technology Group to acquire Aquantia for $452m.

Financials

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Transaction Value£358m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Electronic Components and Equipment

Public

Acquisition

transceivers

United States

Merger

Friendly

Majority

Single Bidder

Pending

Synopsis

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Marvell Technology Group, a infrastructure semiconductor solutions provider, agreed to acquire Aquantia, a Multi-Gig Ethernet connectivity firm, for $452m. Under the terms of the deal Marvell will acquire all outstanding shares of Aquantia common stock in exchange for consideration of $13.25 per share in cash. "Our acquisition of Aquantia will fuel Marvell's leadership in the transformation of the in-car network to high-speed Ethernet over the next decade. At the same time, Aquantia extends our reach in the rapidly emerging Multi-Gig segment of network infrastructure and creates a leading end-to-end Ethernet connectivity portfolio," Matt Murphy, Marvell President and CEO.

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