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Featured Marvell Exits Wi-Fi Business, Selling to NXP

Discussion in 'General Wireless Discussion' started by thiggins, May 30, 2019.

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  1. thiggins

    thiggins Mr. Easy Staff Member

    Joined:
    May 18, 2008
    Messages:
    13,939
    Bloomberg yesterday reported that Marvell is selling its Wi-Fi chip business to NXP Semiconductors for $1.76 Billion.

    The report says "The all-cash acquisition includes Marvell’s Wi-Fi and Bluetooth technology and related assets, and will allow the automotive industry’s biggest chip supplier to offer customers a broader range of options to connect devices to the internet."

    https://www.bloomberg.com/news/arti...-wi-fi-connectivity-unit-in-1-76-billion-dealhttps://www.bloomberg.com/news/arti...-wi-fi-connectivity-unit-in-1-76-billion-deal.

    This marks the second Wi-Fi chip manufacturer moving from being a direct Wi-Fi device supplier to essentially a provider of embedded Wi-Fi in the past few months. ON Semiconductor bought Quantenna back in March for around $1B.
     
    sm00thpapa, RTN and RogerSC like this.
  2. Threska49

    Threska49 Regular Contributor

    Joined:
    Aug 6, 2015
    Messages:
    67
    Sounds to me like the maker community might be the most affected.