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Marvell Exits Wi-Fi Business, Selling to NXP

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thiggins

Mr. Easy
Staff member
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.
 

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