News: Optoelectronics
21 April 2021
Marvell completes acquisition of Inphi
Bermuda-based Marvell Technology Group Ltd (which provides semiconductors for storage, processing, networking, security and connectivity infrastructure) has completed its acquisition of Inphi Corp of San Jose, CA, USA (a provider of high-speed mixed-signal ICs for communications, computing and data-center markets). The combined company, Marvell Technology Inc, is a Delaware corporation domiciled in the USA.
“Together we will have the portfolio, capabilities and scale to expand Marvell’s leadership in its key growth end-markets of 5G, cloud and automotive,” reckons Marvell’s president & CEO Matt Murphy. “We are now organized as a US company.”
Also, Dr Ford Tamer (Inphi’s president & CEO for more than nine years) has been appointed to Marvell’s board of directors.
Under Tamer’s stewardship, Inphi became what is said to be the market leader for electro-optics solutions for cloud and telecom operators, increasing revenue from these customers more than 20 times during his tenure, to an annual run rate of about $750m.
Prior to Inphi, Tamer was CEO of Telegent Systems. Previous to this, he was senior VP & general manager of Broadcom’s Infrastructure Networking Group, which he grew five-fold to $1.2bn in revenue within five years, making that business the leader in infrastructure silicon solutions, it is claimed. He also served as co-founder & CEO of Agere Inc, which pioneered network processors (now at Intel as the Ixia product line). After Agere was acquired by Lucent Microelectronics, Tamer became VP at Agere Systems, a spin-off from Lucent. Earlier in his career, he co-founded, operated and assisted in the growth of system management software, artificial intelligence, and renewable energy businesses.
